Telefonica Deutschland to Be Dropped From Frankfurt Indexes

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By Pierre Bertrand

Telefonica Deutschland Holding will be removed from Frankfurt’s MDAX, SDAX and TecDax indexes after the company’s free float dropped below 10%.

The company no longer meets the basic criteria to be included on the indexes, Deutsche Boerse said late on Monday.

The change will be effective from Jan. 25.

Write to Pierre Bertrand at pierre.bertrand@wsj.com

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