August 21, 2013 / 5:56 AM / 4 years ago

KPN shareholders to meet in October to decide on E-Plus sale

The headquarters of German mobile phone operator E-Plus Group is pictured in Duesseldorf July 24, 2013. REUTERS/Wolfgang Rattay

BRUSSELS (Reuters) - Dutch telecoms group KPN (KPN.AS) invited its shareholders to vote on October 2 on the proposed sale of its German unit E-Plus, the group said on Wednesday.

KPN said in July that it would sell its E-Plus to Telefonica (TEF.MC) for 8.1 billion euros ($11 billion) in cash and shares.

Reporting by Robert-Jan Bartunek; Editing by David Cowell

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below