FRANKFURT, Jan 5 (Reuters) - Goldman Sachs is placing shares in German telecommunications company freenet, several traders in Germany said on Tuesday.
'Supposedly, Goldman is offering 4.5 million freenet shares at a price of 9.30 euros each,' one of the traders said.
Neither Goldman Sachs nor Freenet were immmediately available for comment.
At 1246 GMT, freenet shares were down 3.6 percent at 9.35 euros, while the German TecDAX index was up 1.8 percent.
(Reporting by Hakan Ersen; Writing by Maria Sheahan) Keywords: FREENET/ (maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters Messaging: maria.sheahan.thomsonreuters.com@thomsonreuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
'Supposedly, Goldman is offering 4.5 million freenet shares at a price of 9.30 euros each,' one of the traders said.
Neither Goldman Sachs nor Freenet were immmediately available for comment.
At 1246 GMT, freenet shares were down 3.6 percent at 9.35 euros, while the German TecDAX index was up 1.8 percent.
(Reporting by Hakan Ersen; Writing by Maria Sheahan) Keywords: FREENET/ (maria.sheahan@thomsonreuters.com; +49 69 7565 1286; Reuters Messaging: maria.sheahan.thomsonreuters.com@thomsonreuters.net) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
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