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T-Mobile US Inc.
TMUS shares ticked down slightly Friday on a report that a potential suitor is hitting troubles in lining up financing for a sweetened bid.
Paris-based Illiad SA's recent efforts to raise up to $5 billion to boost its earlier offer for T-Mobile reportedly haven't so far born fruit in talks with U.S. investor including KKRR & Co.
At the same time, T-Mobile controlling shareholder Deutsche Telecom is reconsidering a sale, according to Bloomberg, which cited unnamed sources.
Illiad controlled by controversial billionaire Xavier Niel, saw its bid of $33 a share rejected by Deutsche Telecom last month. The German concern reportedly said it would consider offers of $35 to $40 a share.
T-Mobile traded recently at $30.14 a share, down more than 1 percent.
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