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France Telecom follows BT into property portfolio sell-off tactic...
Published: 19 October 2001 11:33 BST
France Telecom intends to sell E3bn (£1.87bn) of property assets to a consortium including Goldman Sachs and GE Capital.
According to French newspaper Les Echos the deal could be finalised by next week.
France Telecom has refused to confirm the report.
If it goes ahead, France Telecom will continue to lease the buildings across Paris and use them as telephone exchanges and offices.
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Their London offices are based in the City and have been steadily expanding over the recent months due to capital growth overseas. With market and ...
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