0
General

Brookfield mulling bid for KPN - report

Thursday 31 January 2019 | 14:29 CET | News
Update: 31 January 2019 | 14:41 CET
Canada's Brookfield Asset Management is mulling an offer for Dutch carrier KPN, Bloomberg reported, citing sources. The asset manager is talking with Dutch pension funds PGGM and APG about partnering on the bid. The company had a market value of EUR 10.6 billion at market close on 30 January, before reports of the talks came up. The sources noted however that Brookfield has not approached KPN itself yet and that the process is at a very early stage. It may not even yield an offer, they added. The report pushed KPN shares sharply up on 31 January. The Dutch carrier declined to comment on the

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?


[31/01/2019 14:41 - Update: added more info on KPN]


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: General
Companies: KPN
Countries: Netherlands
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

KPN sells data centre unit NLDC to DWS

Published 20 May 2019 08:56 CET | Netherlands
KPN announced that it has reached agreement to sell its data centre subsidiary NLDC to a fund managed by DWS, a global ...

Vodafone sells New Zealand unit to Infratil-Brookfield consortium

Published 14 May 2019 09:17 CET | New Zealand
Vodafone Group has agreed to sell its Vodafone New Zealand unit to a consortium of investors, which includes New Zealand-based ...

European telco M&A: are 1&1 Drilisch and Iliad ripe for takeovers?

Published 02 May 2019 13:06 CET | Europe
Telecompaper has compiled its own stock index since early 2018, based on all the European telecom service stocks. Some stocks ...

KPN margin improves in Q1 thanks to cost cutting, revenues down 2.9%

Published 26 Apr 2019 08:39 CET | Netherlands
KPN reported revenues for the first quarter down 2.9 percent to EUR 1.36 billion. While the Dutch operator showed growth in some ...

Dutch govt presents bill to protect against unwanted telecom acquisitions

Published 06 Mar 2019 09:56 CET | Netherlands
Dutch telecom secretary Mona Keijzer has presented a bill to Parliament, calling for the government to have more power over ...

Brookfield to acquire Reliance Jio telecom tower, fiber assets - report

Published 13 Feb 2019 12:33 CET | India
Private equity investor Brookfield Asset Management is in early talks to acquire a stake in Reliance Jio's telecom towers and ...

Success of KPN takeover bid depends on price, infrastructure vision

Published 04 Feb 2019 12:22 CET | Netherlands
Canada-based Brookfield Asset Management is considering a bid for Dutch operator KPN, along with two Dutch pension fund managers, ...

Last week in telecoms: M&A rumours circling KPN, Sunrise, Altice

Published 04 Feb 2019 07:00 CET | Europe
Year-to-date, the TPSI European Telecoms is up 0.6 percent, lagging the EuroStoxx 50's gain of 5.7 percent. The heavy-weights ...

KPN Q4: time to gather forces for a response to Docsis 3.1

Published 01 Feb 2019 12:32 CET | Netherlands
KPN's fourth-quarter results offered few surprises and the company left its outlook unchanged. Revenues are still falling slowly, ...

Aandelenkoers KPN maakt sprong na geruchten overname door Brookfield uit Canada

Published 31 Jan 2019 13:36 CET | Netherlands | Update: 31 Jan 2019 14:21 CET
De aandelenkoers van KPN is in korte tijd met 7 procent gestegen nadat er geruchten ontstonden met betrekking tot een eventuele ...

KPN hits targets for 2018, maintains guidance for 2021 in line with strategic plan

Published 30 Jan 2019 09:33 CET | Netherlands | Update: 30 Jan 2019 10:00 CET
KPN revenues in the fourth quarter fell 1.1 percent to EUR 1.436 billion on the back of declining revenue from traditional ...

Brookfield completes takeover of AT&T data centres, renames business Evoque

Published 02 Jan 2019 08:44 CET | United States
AT&T announced that it has completed the sale of its data centre colocation operations and assets to Brookfield Infrastructure ...

America Movil reduces KPN stake to 16%

Published 17 Sep 2018 08:49 CET | Netherlands
Mexican telecommunications giant America Movil has reduced its stake in Dutch operator KPN to just above 16 percent, reports ...

Dutch ministry working on bill to limit foreign acquisition of vital Dutch firms

Published 19 Apr 2018 10:57 CET | Netherlands
The Dutch Ministry of Economic Affairs and Climate is working on a bill against foreign acquisitions in the telecom and ICT ...

Ibarra starts first day as KPN CEO

Published 19 Apr 2018 10:18 CET | Netherlands
Maximo Ibarra succeeded Eelco Blok as CEO of KPN on 18 April, immediately after the end of the company's General Meeting of ...





Calendar   /   Industry Events

21 May Telefonica Deutschland AGM
21 May 1&1 Drillisch AGM
21 May NGON & DCI World
21 May Connections 2019
21 May Small Cells World Summit
21 May ICT Spring Europe
21 May Honor press conference
21 May MVNOs World Congress
22 May Analog Devices fiscal Q2
22 May Network Virtualization & SDN Europe
22 May China Mobile AGM
23 May Lenovo fiscal Q4
23 May MTS Q1 2019
23 May Weibo Q1 2019
23 May Sina Q1 2019
23 May ViaSat fiscal Q4
23 May Bezeq Q1 2019
23 May United Internet AGM
24 May Ice Group Q1 results
27 May Telkom FY results
28 May Cellcom Q1 2019
28 May Pareteum investor day
28 May Computex
::: More Calendar Items