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General

Dutch shareholders call for KPN to take stand on AMX bid

Monday 9 September 2013 | 11:13 CET | News
The Dutch shareholders association VEB has called on KPN to take a position on America Movil's proposed bid for the Dutch operator by 13 September. America Movil annoucned the intended bid in early August, but KPN's board has yet to say whether it supports the offer. KPN CEO Eelco Blok posted a YouTube video shortly after America Movil's announcement in an attempt to reassure staff at the company. The company also issued a statement saying its management and supervisory board would evaluate the offer. In a letter to KPN, the VEB said it appears KPN is watching its own fate be decided from the

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Categories: General
Companies: America Movil / E-Plus / KPN
Countries: Netherlands
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