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Telekommunikation: Aktivistischer Investor Elliott steigt bei Telekom ein – Aktie im Plus

Der unbequeme Investor Elliott hat eine größere Beteiligung an der Telekom aufgebaut. Statt auf eine mögliche Fusion mit der US-Tochter T-Mobile zu bauen, setzt er sich für Aktienrückkäufe ein.

Telekommunikation: Aktivistischer Investor Elliott steigt bei Telekom ein – Aktie im Plus

US hedge fund Elliott Investment Management has increased its stake in Deutsche Telekom, according to reports from industry insiders. Bloomberg was reportedly the first to break the news. The aggressive activist investor seems to be pushing against the possibility of a merger between Telekom and its subsidiary, T-Mobile US. Instead, Elliott's founder, Paul Singer, intends to boost shareholder value through other means, such as larger share buybacks.

This move sees one of the world's most powerful activist investors directly engaging with Telekom CEO Timotheus Höttges. Höttges is reportedly considering a potential merger with T-Mobile US. Elliott initially remained silent on the matter. The Telekom did not respond to a Trade Newspaper inquiry on Thursday. The news propelled Telekom's shares up by nearly one percent in the morning.

A merger between Deutsche Telekom and T-Mobile US would be the largest public acquisition in history, creating potentially the world's most valuable telecommunications conglomerate.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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