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Germany Sells €2.5 Billion Stake in Deutsche Telekom for Rail Investments

Proceeds from the sale will bolster Deutsche Bahn and expand Germany's rail infrastructure.

  • Germany sold a €2.5 billion stake in Deutsche Telekom to invest in rail infrastructure.
  • State-owned bank KfW's sale reduces the government's stake in Deutsche Telekom to 27.8%.
  • Proceeds will support Deutsche Bahn AG and Germany's rail network expansion.
  • Deutsche Telekom plans a €600 million share buyback in response to the sale.
  • Finance Minister Lindner aims to balance budget constraints with economic recovery efforts.
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