Dial it down

16 November 2012 By Jeffrey Goldfarb

Its 2.7 bln euro Deutsche Telekom misadventure is unwinding after six years. Blackstone will keep a seat on the German telco’s board, but it dumped a third of its underwater investment. The loss shows why private equity and minority stakes in big public companies don’t connect.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)