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General

Morgan Stanley stake in KPN separate from America Movil

Friday 11 May 2012 | 09:56 CET | News
America Movil has no stake in KPN via the 10 percent in the Dutch operator now owned by Morgan Stanley, De Financieele Telegraaf reported. Morgan Stanley raised its share in KPN to 10 percent on 4 May. America Movil wants to push its stake up to 28 percent for EUR 2.3 billion. KPN rejected the bid as too low.

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