0
General

KPN advises against America Movil bid, looks at E-Plus

Friday 1 June 2012 | 09:11 CET | News
KPN is advising shareholders not to tender their shares to America Movil, because the Mexican company is offering no premium on the operator's shares. KPN also said it was exploring all strategic options to unlock "superior value" for shareholders. This includes a review of strategic options for E-Plus to unlock value embedded in the German business.

Thank you for visiting Telecompaper

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?



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: E-Plus / KPN
Countries: Germany / 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 Q2 sales, EBITDA in line, FY div sharply lowered

Published 24 Jul 2012 09:24 CET | Netherlands
KPN reported second-quarter revenues at EUR 3.19 billion (-3.0%) and EBITDA at EUR 1.19 billion (-10%). Revenues were slightly ...

America Movil sees good relations with KPN management

Published 25 Jun 2012 10:28 CET | Netherlands
America Movil sees no problems getting along with the KPN management, despite the latter's resistance to a partial takeover bid ...

KPN headed for a break-up

Published 22 Jun 2012 13:44 CET | Europe
KPN has issued a 'position statement' on America Movil's partial bid for the Dutch operator. The statement outlines in detail how ...

America Movil close to reaching its goal with KPN

Published 22 Jun 2012 09:27 CET | Belgium
America Movil said it now has 20.92 percent of KPN shares. The buy brings the Mexican operator closer to its goal of owning 27.8 ...

KPN to not sell E-Plus; America Movil increases stake

Published 21 Jun 2012 09:21 CET | Germany
KPN will not sell its German unit E-Plus for the moment. After an unwanted partial bid from America Movil, KPN said it would look ...

KPN put barricades up - America Movil CFO

Published 19 Jun 2012 10:28 CET | Netherlands
KPN deliberately instigated a break with America Movil last month by demanding that the Mexican telecom company waive its right ...

America Movil to buy 21% stake in Telekom Austria

Published 15 Jun 2012 09:24 CET | Austria
America Movil announced an agreement to acquire a 21 percent stake in Telekom Austria. This marks the Mexican company's second ...

America Movil further raises KPN stake to 8.12%

Published 14 Jun 2012 10:10 CET | Netherlands
America Movil has pushed its stake in KPN further to 8.12 percent. The Mexican operator had increased it to 7.3 percent from 5 ...

KPN considers E-Plus spin-off - report

Published 11 Jun 2012 14:14 CET | Germany
KPN is still considering spinning off its German mobile business E-Plus in an attempt to fend off an unwanted bid from America ...

America Movil acquires 4.1% stake in Telekom Austria

Published 06 Jun 2012 08:59 CET | Austria
America Movil has acquired a stake of 4.1 percent in Telekom Austria, according to Oscar Von Hauske, head of fixed operations at ...

America Movil holds 5% in KPN

Published 04 Jun 2012 12:56 CET | Netherlands
America Movil has already built up a stake in Dutch operator KPN of 5.01 percent, according to a filing with the Dutch securities ...

KPN, Telefonica consider merger in Germany - report

Published 01 Jun 2012 15:47 CET | Germany
KPN and Telefonica are considering ways to merge their German units to create the largest mobile operator based on customer ...

KPN shows itself as opportunistic as America Movil

Published 01 Jun 2012 11:31 CET | Belgium
KPN has rejected the partial bid from America Movil, calling it "opportunistic" and suggesting it would give America Movil de ...

KPN zegt nee tegen bod, onderzoekt opties E-Plus

Published 01 Jun 2012 08:36 CET | Netherlands
KPN adviseert zijn aandeelhouders om hun stukken niet aan te bieden aan América Móvil (AMX). América Móvil biedt geen premie op ...

Telefonica's troubles may open door for KPN

Published 31 May 2012 15:53 CET | Germany
Telefonica has announced plans to pursue an IPO of its German unit, as part of efforts to reduce its debt. The economic turmoil ...

Carlos Slim's European adventure just starting

Published 30 May 2012 12:00 CET | Europe
While America Movil has officially launched its bid for a large minority stake in KPN, the rumour mill continues to generate ...

America Movil officially launches bid for KPN shares

Published 30 May 2012 09:33 CET | Netherlands
America Movil has officially made a cash offer for part of KPN. The Mexican company wants to take its 4.8 percent stake in KPN to ...

Telenet considers bid for KPN's Base

Published 23 May 2012 09:24 CET | Belgium
Belgian cable operator Telenet is in talks with private equity firms about staging a joint bid for KPN unit BASE, Reuters ...

Morgan Stanley reduces stake in KPN

Published 17 May 2012 09:16 CET | Netherlands
Morgan Stanley reduced its stake in KPN to 4.93 percent on 11 May, Reuters reported, citing Dutch market regulator AFM. The AFM ...

America Movil to stay put at EUR 8 per KPN share

Published 11 May 2012 12:53 CET | Netherlands
America Movil does not plan to increase its bid for KPN shares, CFO Carlos Garcia-Moreno told Het Financieele Dagblad. The ...

Morgan Stanley stake in KPN separate from America Movil

Published 11 May 2012 09:56 CET | Netherlands
America Movil has no stake in KPN via the 10 percent in the Dutch operator now owned by Morgan Stanley, De Financieele Telegraaf ...

KPN can punch in defense mecanism in case of hostile bid

Published 10 May 2012 16:06 CET | Netherlands
KPN has a defense mechanism in place in case America Movil tries a hostile takeover bid, Bloomberg reported. KPN's annual report ...

KPN says America Movil bid too low

Published 08 May 2012 16:14 CET | Netherlands
America Movil's offer of EUR 8 per share for an increased stake in KPN "substantially undervalues" the Dutch company, KPN said. ...

America Movil says no plans for full takeover of KPN

Published 08 May 2012 14:19 CET | Netherlands
America Movil hasn't held discussions with KPN and sees its stake in the Dutch operator as a "long-term" strategic investment, ...

KPN outlines new strategy with customer central

Published 08 May 2012 14:00 CET | Netherlands
KPN has outlined a new marketing slogan and details of its strategy, in a presentation by CEO Eelco Blok. 'KPN doet 't gewoon' ...

KPN plans webcast on America Movil stake bid

Published 08 May 2012 11:23 CET | Netherlands
KPN said that it will present a live webcast on America Movil's bid for a 28 percent stake in the Dutch operator. Webcast ...

America Movil believes in KPN, but offers no guarantees

Published 08 May 2012 11:17 CET | Netherlands
America Movil plans to increase its stake in KPN to 28 percent, from the current 4.8 percent. The Latin America operator plans a ...

America Movil bids to raise share in KPN to 28%

Published 08 May 2012 09:22 CET | Netherlands
America Movil wants to raise its 4.8 percent stake in Dutch operator KPN to 28 percent. The Mexican company, owned by billionaire ...





Calendar   /   Industry Events

10 Aug Ceva Q2
10 Aug Synchronoss Q2
10 Aug ON Semiconductor Q2 2020
10 Aug Pixelworks Q2 2020
10 Aug Avaya fiscal Q3
10 Aug Gogo Q2 2020
10 Aug Sohu Q2 2020
11 Aug Lumentum fiscal Q4
11 Aug Zoom Telephonics Q2 2020
11 Aug NTT fiscal Q1
11 Aug Rakuten Group Q2
11 Aug Radcom Q2 2020
11 Aug Viavi fiscal Q4
12 Aug Tecnotree H1 2020
12 Aug Freenet Q2 2020
12 Aug Tencent Q2 2020
12 Aug Cisco fiscal Q4
12 Aug China Unicom Q2 2020
13 Aug iQiyi Q2 2020
13 Aug 1&1 Drillisch Q2 2020
13 Aug Teleste Q2 2020
13 Aug RTL Group Q2 2020
13 Aug China Mobile H1 2020
13 Aug Teleste Q2 2020
13 Aug United Internet H1 2020
13 Aug Singtel fiscal Q1
13 Aug Deutsche Telekom Q2 2020
13 Aug Swisscom Q2 2020
13 Aug Telstra FY results
14 Aug TDC Q2 results
::: More Calendar Items