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General

Altice interest in KPN resurfaces - report

Thursday 11 June 2015 | 21:55 CET | News
Altice has let its eye fall on KPN, De Financiele Dagblad (DFT) reported, citing anonymous sources familiar with the plans. The French cable operator believes KPN would be a "logical" takeover target. Rumours have been making the rounds. Last month, Belgian daily L'Echo also reported Altice interest in KPN based on anonymous sources. Talks reportedly fell through on KPN's high price tag. America Movil tried to acquire the Dutch incumbent in 2013, with the deal also failing due to price issues. Altice apparently showed interest in Belgium's Base, sold in April to Telenet for EUR 1.325 billion.

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Categories: General
Companies: Altice Europe / Belgacom / KPN / Mobistar / Orange / Telecom Italia / Telecompaper / Telenet
Countries: Belgium / Netherlands
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