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Breakingviews: Slim's KPN support looks cheap

Tuesday, Aug 27, 2013 - 04:29

Aug. 27 - The Mexican tycoon has backed KPN's disposal of E-Plus to Telefonica Deutschland but this in turn makes his offer look miserly, says Breakingviews' Robert Cole.

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On today's breaking news slim support makes his own bid for take him -- she says breaking views and act. Of course newest Brohm would sweep. Governments to sign and that's a problem Robert -- Eyes rob Roy is -- -- medicine joins amounts freshly back from his holiday. Get that -- -- thank you I'm all right let's start with -- and slim yet JJ this is -- backfired on him just. Just run us through no I'm not so much leaders of some Justice Department -- -- -- by what's happening here. Collison missed -- world lots of Telecom assets in the Americans. Pull out here is tight -- -- telephone company telecoms company. Which has a German unit. Which sees putting being put together with the German unit all Telefonica. Are. -- -- Carlo all of kite yen. I'm what he's done I think he's engine needed via our remote improved tons that is German debt get together between cape yen. And telephone products and so that's that's good actually and that actually is not back on that hole. -- means that he's head of the diamond he's pushing forward but I can see where you're coming well what what are. In bright back five -- I -- it probably for me to to question his ad business prowess and as you know because but but but it. As you quite rightly say in the peace it makes his own bid for KP and quite cheap and yet. Absolutely and and that's sense yes Iran of course it eight than it could've been -- -- -- drop of blood and -- of a citizen as like a kind of ramifications. Of what we're doing here in this -- -- saying that there are ramifications hit upon -- -- soul. That Collison stole blows through and actually while. -- -- it may be something of a setback it's just a sense policeman Friday night he's lose lost the pole. But up pro -- approval of such a agency must -- for the democratic. You can man lost the pole if you like in this Tesco and by having to we think probably improve the terms but for kite again. But this is -- The end of this story you know. And -- I think the big broad picture. Which has to -- on what Chris is saying here is that. On I think we should not see in this column slim. Has some allow ambitions -- in Europe on nor shall that for a limited to this German get together or indeed the tape here. But that you know that could be much more to come so this is. -- mobile a significant step. But one which will be -- I think. I'm cold it's sort of you've Wednesday the French and its programs aren't you see -- They can -- as we confront and -- think it is punitive one of them. The private equity yours yeah now why why do you think that means the loss of control well it's it it's for the independence -- as it seems that the the very past month and five as that's the his. Well very very closely associated with -- yeah. When one of them leading shareholders biggest shareholders. And it's like an agitated centers Sebastien magazine from colony. Absolutely. I and I am. I mean let's listen move past a lot less happy times that the the thing around. Let's also recognize those that tackle has had several DT these actors in the relatively. Recent costs. To the united finding solutions to this it's -- and management problems. On pleasing to the point to hit point. Of -- to decide what we really hope it does look now. But because clearly the pan global governments of implications all that a relative the saws both look relatively schools oldest seems to be cold in the shelves. And -- independent shareholders are going to be happy with that. -- -- -- -- work. What might happen not -- hope it doesn't happen. Is it in the fullness of time we see fit it in the themselves. Acceded to. -- pressures -- by oneself and gauntlet now. All right Robert many thanks good to have you back Robert -- breaking news. After march and is heading inside and do what's our US showed every day total birdies in seventeen that'd be ST IMAX Acropolis is sources.

Breakingviews: Slim's KPN support looks cheap

Tuesday, Aug 27, 2013 - 04:29

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