DT and Elektrim in secret talks over PTC stake

This news initself is nothing new, but this time round DT is willing to pay more than it offered in the past. Analysts estimate that a fair price for the stake could be as high as EUR 1.5 billion. As this news broke, Elektrim shares soared by over 10%. "We are interested in the good financial standing of Elektrim and we are ready to make our input," said Karl-Gerhard Eick, financial director in DT. Although no details of the possible deal are known, according to Rzeczpospolita sources, the management of Elektrim and 'highly' ranked representatives of DT were negotiating the transaction on Thursday. (Rzeczpospolita, pp. A1, B1) M.M.