Seeking Alpha

Blackstone (BX) likely books a loss as it cuts its stake in Deutsche Telekom (DTEGY.PK) by about...

Blackstone (BX) likely books a loss as it cuts its stake in Deutsche Telekom (DTEGY.PK) by about a third to 2.93%. Blackstone netted about $713M on the sale vs. the $1.12B the shares were worth when purchased in 2006. The German government remains Deutsche's largest shareholder with direct and indirect holdings summing to a 32% stake.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector