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Provider: MacroRisk Analytics/EconomicInvestor
Provider: ValuEngine, Inc.
Provider: ValuEngine, Inc.
Provider: Pechala's Reports

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Koninklijke KPN NV In Talks With America Movil SAB de CV On Intended Unsolicited Public Offer

Wednesday, 11 Sep 2013 06:00pm EDT 

Koninklijke KPN NV announced that its supervisory board and management board have provided an update on the situation regarding America Movil SAB de CV's (“America Movil”) intention to make an unsolicited public offer in cash for all outstanding ordinary KPN shares (the "Intended Offer"). The KPN Boards are in continuous constructive discussions with America Movil on the Intended Offer consistent with their fiduciary duties. These discussions are on financial and non-financial matters related to the Intended Offer including price and terms and conditions, taking into consideration the interests of all KPN’s shareholders and other stakeholders. At this stage the outcome of these discussions is not clear. 

Company Quote

-0.175 -0.85%
11:43am EDT