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BN 11/21 23:01 KPN Sees America Movil Sticking With Stake After Takeover Snub
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KPN Sees America Movil Sticking With Stake After Takeover Snub 2013-11-22 07:03:47.603 GMT
By Sam Chambers Nov. 22 (Bloomberg) -- Given KPN’s current share price and price AMX paid for its stake, AMX is likely to keep its stake, KPN CEO Eelco Blok says at investor conf. yday. * Blok expects some remedies to be imposed on E-Plus sale, although says he thinks regulator will be “positive” about deal * NOTE: German Cartel Office wants referral of E-Plus case * KPN wants to retain financial flexibility for potential opportunities for small in-mkt consolidation in Netherlands, Blok says. Story * NOTE: Tele2 considering sale of its Dutch fixed business
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--With assistance from Patricia Laya in Mexico City. Editor: James Ludden
To contact the reporter on this story: Sam Chambers in London at +44-20-7673-2021 or schambers7@bloomberg.net
To contact the editor responsible for this story: James Ludden at +44-20-7673-2645 or jludden@bloomberg.net