Saturday, 22 July 2017

KPN raises €805m from Telefonica Deutschland share sale

By Nick Wood, Total Telecom
Tuesday 10 November 15

Dutch incumbent cuts minority holding to 15.5% by offloading 150 million shares.

KPN announced on Tuesday it has further reduced its stake in Telefonica Deutschland, raising €805 million. The Dutch incumbent offloaded 150 million shares to institutional investors at a price of &euro…

KPN announced on Tuesday it has further reduced its stake in Telefonica Deutschland, raising €805 million. The Dutch incumbent offloaded 150 million shares to institutional investors at a price of &euro…

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