(BFW) Iliad’s T-Mobile Offer Still May Not Tempt Deutsche Telekom: BI


Iliad’s T-Mobile Offer Still May Not Tempt Deutsche Telekom: BI
2014-10-03 05:11:06.542 GMT


By Sarah Gill
Oct. 3 (Bloomberg) -- Deutsche Telekom’s stated minimum
suggests Iliad may still need to raise its per share offer:
Bloomberg Intelligence analyst John Butler & Matthew Kanterman
in a note.
* Deutsche Telekom said it is seeking offers between $35-
$40/shr, Iliad intends to maintain its initial bid of $33,
yet it will reportedly increase its proposed ownership stake
above its initial bid for 56.6% of T-Mobile
* NOTE: France’s Iliad Said to Prepare Offer for Bigger T-
Mobile Stake
* NOTE: T-Mobile CEO Legere Says He’s ‘Sick and Tired’ of Deal
Rumors


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To contact the reporter on this story:
Sarah Gill in sydney at +61-2-9777-8641 or
sgill23@bloomberg.net
To contact the editor responsible for this story:
Jan Dahinten at +65-6212-1164 or
jdahinten@bloomberg.net