- America Movil (AMX, AMOV), which owns almost 30% in KPN (KKPNF.PK) and is looking to acquire the rest, will support the latter's sale of its German mobile unit E-Plus to Telefonica Deutschland (TEF) after the Spanish-owned telecom operator improved the deal terms.
- KPN will now receive 20.5% in Telefonica Deutschland rather than 17.6%, as originally planned, raising the value of the transaction to €8.55B ($11.4B) from €8.1B.
- KPN shareholders are due to vote on the sale on October 2.
From other sites
at MarketWatch.com (Jan 16, 2015)
at MarketWatch.com (Jan 14, 2015)
at Nasdaq.com (Jan 8, 2015)
at Benzinga.com (Dec 23, 2014)
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