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Scouting around

21 November 2013 By Quentin Webb

The German telco is selling most of its Scout24 unit to Hellman & Friedman. A 2 bln euro enterprise value is a hefty 20 times EBITDA, though the buyer has ways to mitigate this. DT is fortunate that private equity firms are hungry for carve-outs – and property portals so hot.

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