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Telefonica SA in talks to buy Koninklijke KPN NV's German Business-Reuters

Monday, 22 Jul 2013 11:27am EDT 

Reuters reported that Telefonica SA is in talks to buy Koninklijke KPN NV's business in Germany and the two companies could approve a deal as early as Monday. The boards of KPN and Telefonica would meet on Monday and were expected to approve a deal that would value KPN's E-Plus at EUR5 billion ($6.57 billion). 

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