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General

America Movil agrees support for KPN rights issue

Wednesday 20 February 2013 | 09:04 CET | News
KPN said it has signed a long-term relationship agreement with America Movil (AMX), its largest shareholder, which will support KPN in its bid to raise EUR 4 billion in equity capital. AMX said it will, subject to certain conditions, vote in favour of certain resolutions to be put before the general meeting of shareholders. The AGM is scheduled to take place on 10 April, and replaces the EGM planned for 19 March, which is hereby cancelled. AMX will approve KPN's capital increase subject to to the appointment of two individuals, designated by AMX, to KPN's supervisory board, amongst other

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Categories: General
Companies: America Movil / KPN
Countries: Netherlands
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