German Stocks Are Little Changed; Deutsche Telekom Falls
This article is for subscribers only.
German stocks were little changed after climbing for two consecutive days.
Deutsche Telekom AG fell 0.9 percent after agreeing to buy the remaining stake of its Czech phone unit for 828 million euros ($1.1 billion). Bilfinger SE added 2.4 percent after Commerzbank AG and Deutsche Bank AG raised their price estimates for Germany’s second-biggest builder. Linde AG and K+S AG gained in lockstep with a gauge of European chemicals stocks.