According to people familiar with the matter, Deutsche Telekom AG is planning a potential sale of Scout24 Holding GmbH in 2013. The sale is expected to fetch €1.5 billion. Two of the unidentified people said that Deutsche Telekom hopes to hire banks by the first quarter of 2013 to prepare for a sale or initial public offering (IPO) of Scout24 Holding.

The sources added that Scout 24 might attract companies like Axel Springer AG, Bertelsmann SE and buyout firms. One of the people said that Deutsche Telekom might also look for a partner for Scout24.