Volkswagen to sell Gedas to T-Systems - report

Newswire

FRANKFURT, Dec 18 (Reuters) - German carmaker Volkswagen is set to sell its information technology (IT) systems unit Gedas to the IT subsidiary of telecoms operator Deutsche Telekom , according to a newspaper report on Sunday. VW's executive board had already voted for a sale of Gedas to Deutsche Telekom's T-Systems unit, the Financial Times Deutschland daily said in a preview of its Monday edition. Approval by VW's supervisory board was still outstanding. The paper said the price for ...

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