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General

KPN still considering America Movil offer

Thursday 12 September 2013 | 09:03 CET | News
KPN said it's in talks with America Movil on its unsolicited bid for the Dutch operator, but the board has yet to take a position on the offer announced over a month ago. KPN said in a statement that its boards are in "continuous constructive discussions" with America Movil on the proposed bid. The talks cover financial and non-financial matters, including price and terms and conditions, the company said, adding "at this stage the outcome of these discussions is not clear". KPN said it was "conducting a thorough process", aimed at considering all its stakeholders' interest, including

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