
America Movil Announces Plans to Move on From KPN Deal
On Wednesday, America Movil announced that while it has received the necessary approval from the Netherlands Authority of Financial Markets to make a public cash offer for KPN, it will not proceed with the deal given KPN’s Independent Foundation is blocking the deal. Back in late August, the foundation chose to exercise its options to acquire 50% of KPN’s voting stock in order to impede … Continue reading America Movil Announces Plans to Move on From KPN Deal