Deutsche Telekom shares jump after reports say Elliott builds stake, opposes T-Mobile deal
03/09/2026 08:04
Deutsche Telekom shares jump after reports say Elliott builds stake, opposes T-Mobile deal Sept 3 (Reuters) - Deutsche Telekom DTEGn.DE shares opened 1.5% higher on Thursday, topping Germany's blue-chip index .GDAXI, after a source said Elliott Investment Management had built a stake in the German telecommunications company, with a Bloomberg News report saying the activist investor was urging it to abandon a potential merger with unit T-Mobile US TMUS.O.
(Reporting by Emanuele Berro in Gdansk, editing by Milla Nissi-Prussak)
((Emanuele.Berro@thomsonreuters.com; +48 587696510))
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