Telekom would be interested in acquiring (a part of) (23,2 EUR, 1,78%).
The newspaper states that (10,37 EUR, 0,19%) contacted the Belgian government to see if the government would be interested in divesting all or a part of its 53% stake in . The government would not have rejected the proposal, but told to come back once the political situation is more stable (i.e. when a new government has been formed).
Our base case scenario assumes no changes to Belgacom’s shareholder structure.
No changes to our investment case. We stick to our Hold rating and € 26.30 target.