Growing up in public
Article Abstract:
Deutsche Telekomhas carried out a successful share issue, with shares oversubscribed and the share price rising after trading started. The German public tends to be wary of buying shares but nearly 2 million individuals were attracted. The company plans to reduce its debts, improve efficiency and shed jobs. International investors are likely to sell their shares if promises are not kept. The successof the privatization in attracting investors to the stock market will depend on how markets perform.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Deutsche Telekom: it's good to privatise
Article Abstract:
Deutsche Telekom's privatization share issue is attractive to investors for a number of reasons. There are opportunities to reduce costs and the work force and the company is not likely to lose its leadership of the German telecoms market. There is some concern about the company's high debt level, and the impact of new regulations and more competition. The company has incurred debt from high investment levels and this could mean that it may not have to spend as much as competitors.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Growing up. The green machine. Positive expansion
- Abstracts: Taking the initiative. Demand grows for private client services
- Abstracts: Trading up. Doing the regulation shuffle
- Abstracts: Kuhlman Corp. - KUH. Hershey Foods Corp. - HSY. Insider picture at GE reveals a shift to selling
- Abstracts: America Online - AMER. America Online - AOL. Wholesome & Hearty Fd - WHFI