--German telecommunications company Deutsche Telekom is preparing to sell its Dutch subsidiary T-Mobile, business newspaper Financieele Dagblad reports, citing unnamed sources.

--The price could be as high as EUR5 billion, according to one person, and the sale would be the biggest deal in the Netherlands' telecoms sector in years, FD reports.

--Deutsche Telekom is looking for a private-equity buyer, and big names like Apollo, Cinven, Providence and Warburg Pincus are among the interested parties, according to FD.

Full story (in Dutch): https://bit.ly/2XE7yfX

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(END) Dow Jones Newswires

January 12, 2021 05:11 ET (10:11 GMT)

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