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Market Update : 
Freenet,Debitel Merge; EU Growth Lowered
Author: 123jump.com Staff
123jump.com
Last Update: 6:55 PM EDT April 28 2008

Germany reported lower inflation in April but estimates of economic growth in the 15-countries that use euro was revised lower to 1.7% from 1.8% and 1.5% in 2009. In merger news, Freenet, mobile telecom operator agreed to purchase Debitel AG in Germany for 1.6 billion euros from a private equity group Permira. Metals, banks and energy stocks gained in the region.

 

 

 
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