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America Movil secures funds, submits KPN bid for approval
2013-08-21 09:10:00| Telecompaper Headlines
(Telecompaper) America Movil announced it has secured the necessary funds to fully finance its proposed takeover of Dutch operator KPN. America Movil said it has agreed binding credit facilities with global financial institutions to finance the bid. It has also submitted the bid memorandum to the Financial Markets Authority in the Netherlands for approval. Once approved, the bid is expected to open in September. America Movil announced on 09 August its intention to launch a bid of EUR 2.40 per share for the rest of KPN. It already holds 29.77 percent of KPN's shares, and the bid is conditional on acquiring at least 50 percent.
Tags: america
funds
bid
approval
America Movil secures funds for 7.2bn KPN bid
2013-08-21 02:00:00| Total Telecom industry news
Mexican telco giant to submit tender offer to Dutch financial authorities.
Tags: america
funds
bid
secures
US: Exceed receives US$57m bid to go private
2013-08-20 14:34:00| Daily apparel & textile news and comment - from just-style.com
Exceed has received a non-binding bid to take the Chinese sportswear company private, led by its founder and CEO Shuipan Lin.
Tags: private
bid
exceed
receives
Fans' group outline Hearts bid plan
2013-08-19 12:17:46| BBC News | Business | UK Edition
Foundation of Hearts plan to use money raised by the Edinburgh business community to purchase the administration-hit club.
Coliseum Bid Announced, Police Overtime Questioned
2013-08-18 09:14:44| Real Estate - Topix.net
Editor's Note: This article was written by Joe Dowd. After bringing the Barclays Center to Brooklyn, developer Bruce Ratner will now have a hand in reinventing the Nassau Coliseum in Uniondale.
Tags: police
bid
announced
questioned
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