--Deutsche Telekom has selected a surprise joint bid by Brookfield and Florida-based Digital Bridge for the sale of its towers business, German business daily Handelsblatt reports, citing unnamed sources.

--The bidders are expected to acquire a majority stake, Handelsblatt says, citing the sources.

--The news comes after Spain's Cellnex said Wednesday that it had pulled out of the running.

Full story in German:

Write to Ed Frankl at edward.frankl@dowjones.com

(END) Dow Jones Newswires

July 13, 2022 11:29 ET (15:29 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.
Grafico Azioni Deutsche Telekom (TG:DTE)
Storico
Da Mar 2024 a Apr 2024 Clicca qui per i Grafici di Deutsche Telekom
Grafico Azioni Deutsche Telekom (TG:DTE)
Storico
Da Apr 2023 a Apr 2024 Clicca qui per i Grafici di Deutsche Telekom