World Economy

Telekom, Post Stakes Reduction

Telekom, Post Stakes ReductionTelekom, Post Stakes Reduction

The German government is considering reducing its stakes in Deutsche Telekom and Deutsche Post, hoping to cash in on high share values at a time when it is under pressure to spend more to stimulate its faltering economy. A finance ministry document seen by Reuters, which will be approved by Chancellor Merkel’s cabinet, sketches out plans for holdings in a range of companies.