France Télécom sell-off could detract from Wind IPO

Rumblings that France Télécom is considering offloading its stake in Wind could make the initial public offering of the Italian telecoms operator a harder sell, according to analysts.

Wind is being prepared for a €4.5bn ($4bn) IPO, but analysts said it would be a less attractive proposition if it did not have a relationship with Orange, France Télécom's mobile subsidiary.

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