European Union regulators Friday approved the sale of Deutsche Telekom AG's
cable systems in Germany to private investors, AP reported.
The report quoted a statement from the EU: "As there is no overlap . the
planned transaction does not raise any competition concerns."
In January, Apax Partners, Providence Equity Partners Inc. and Goldman Sachs
Capital Partners, the private-equity arm of The Goldman Sachs Group Inc., agreed
to buy the systems, with 3 million subscribers, for $1.86 billion in