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Mexican Tycoon Carlos Slims Offers To Take Over Dutch Cellphone KPN...
2013-08-10 17:39:22| Wireless - Topix.net
In a significant investment expansion outside the Americas, Mexican billionaire Carlos Slim's America Movil offered to buy the remaining 70 % stake in the Dutch cell phone operator KPN for 7.2 billion euros, or $9.6 billion; America Movil already owns close to 30% of KPN's shares.
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Carlos Slim firm bids for KPN stake
2013-08-09 13:17:33| BBC News | Business | UK Edition
America Movil, owned by the world's richest man Carlos Slim, offers 7.2bn euros for the 70% of Dutch telecoms company KPN it does not already own.
Carlos Slim bids for Dutch telecom KPN
2013-08-09 10:45:27| Telecom - Topix.net
America Movil SAB, owned by Mexican billionaire Carlos Slim, says it will launch a bid for the 70 percent of Dutch telecom company Royal KPN NV it doesn't already own.
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America Movil to launch takeover bid for KPN
2013-08-09 08:31:00| Telecompaper Headlines
(Telecompaper) America Movil has announced plans to launch a full takeover bid for KPN. It already holds 29.77 percent of the Dutch operator and plans to launch a public bid at EUR 2.40 per share to obtain majority control. The offer is a 35.4 percent premium on KPN's average share price in the past 30 trading days. America Movil said a full takeover of KPN would "facilitate greater operational cooperation and co-ordination between the two companies, to exploit all areas for potential partnerships and to intensify the realization of synergy potential for both companies". The company also commented on KPN's proposed sale of its German uni E-Plus to Telefonica, saying it was still considering how to vote its shares at the EGM on the transaction. According to earlier reports, America Movil's representatives on KPN's supervisory board did not vote in favour of the deal. KPN issued a statement saying only that it acknowledged the bid and its boards would consider the offer from America Movil. The latter said it had already presented the bid to KPN's boards and invited them for further talks.
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America Movil to make offer to buy out KPN
2013-08-09 02:00:00| Total Telecom industry news
Mexican operator says its aims to take majority stake in Dutch telco with 2.40-per-share offer.
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