Seeking Alpha

KPN CEO: Talks with America Movil could be revived

  • Although America Movil (AMOV, AMX) has withdrawn its €7.2B ($9.7B) bid for KPN (KKPNY.PK) because of a disagreement over price, the deal may not be dead, the CEO of the Dutch telecom group has indicated.
  • "I'm not going to say which price we wanted because there is a possibility that we will be sitting around the table again," Eelco Blok said.
  • Despite the prospect of renewed talks, KPN shares are -8.6% in Amsterdam.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|