Wednesday, 23 August 2017

America Movil makes good on KPN offer plan

By Mary Lennighan, Total Telecom
Tuesday 29 May 12

Mexican telco launches €8-per-share offer for Dutch incumbent as planned; shareholders have until late June to tender their shares.

America Movil on Tuesday announced that it is making a partial offer for KPN shares in a bid to raise its stake in the Dutch incumbent to up to 27.7%. The Mexican telecoms group said it will pay €8 per share, a sum that KPN said "substantially undervalues the company&quot…

America Movil on Tuesday announced that it is making a partial offer for KPN shares in a bid to raise its stake in the Dutch incumbent to up to 27.7%. The Mexican telecoms group said it will pay €8 per share, a sum that KPN said "substantially undervalues the company&quot…

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