KPN shareholders approve sale of German unit E-Plus
THE HAGUE Oct 2 (Reuters) - Shareholders in Dutch telecoms group KPN approved the sale of its German unit E-Plus to Telefonica Deutschland at an extraordinary general meeting on Wednesday.
The cash and shares deal, worth 8.55 billion euros ($11.6 billion), was approved by a clear majority of shareholders at the meeting. An independent foundation with a controlling stake in KPN abstained from voting.
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