M&A & Investments NTT has agreed a $16.5 billion deal that will buy back full control of NTT Data, its international subsidiary. This would purchase the 43.4% it does not currently own, and delist the wing from the Tokyo Stock Exchange. The European Commission has launched its public consultation on reforming the EU merger framework, which would provide operators with legal clarity on buying their rivals. The EU has been persuaded that allowing telcos to become larger through mergers will provide strategic benefits for the bloc, in terms of scale and resiliency, by Draghi and Letta reports. Macquarie has acquired the other 50% of TDC Group that it did not already own, taking control of the Danish operator. No price…