21 jun: Spanien/rapport: Bankerne har brug for 62 mia. euro
22 jun: USA/aktier: Svage nøgletal forpurrede stemningen
21-06-2012 20:05:00

America Movil Says It Has Increased Stake in Royal KPN to 20.9%

Relateret indhold

MEXICO CITY--America Movil SAB (AMX, AMX.MX), which is seeking to build a significant presence in Europe with minority stakes in several phone companies, said Thursday it has acquired additional shares of Royal KPN NV (KPN.AE) and now owns 20.9% of the Dutch telephone company.

The Mexican telecommunications company, controlled by billionaire Carlos Slim, last month launched an offer to raise its stake in KPN to about 28%, an offer that KPN management has opposed, saying it undervalues the company.

In addition to the stake in KPN, America Movil has agreed to buy 21% of Austrian concern Telekom Austria (TKA.VI TKAGY) from investor Ronny Pecik, with plans to raise its stake to about 23%.

America Movil hopes to use the minority stakes in these firms to get a foothold in Europe and learn about its markets as it extends its reach from the Americas, where it operates in 18 countries with 246 million wireless subscribers, making it Latin America's largest mobile operator.

Earlier Thursday, KPN put its Belgium operations up for sale and reiterated its recommendation to shareholders not to accept a partial takeover by America Movil.

The official announcement by KPN to divest itself of its Base mobile phone business in Belgium comes just a day after talks between KPN and Telefonica SA (TEF) on a German market consolidation collapsed. KPN intended to sell its German mobile provider E-Plus to Telefonica to unlock shareholder value and to prevent shareholders from accepting the offer from America Movil.

Telefonica competes with America Movil in Mexico and Latin America.

Write to Anthony Harrup at anthony.harrup@dowjones.com and Archibald Preuschat at archibald.preuschat@dowjones.com

(END) Dow Jones Newswires

June 21, 2012 14:05 ET (18:05 GMT)

Copyright (c) 2012 Dow Jones & Company, Inc.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Vestas får ordre på 178 MW til Kansas

04-05-2016 13:34:31
54 Vestas-møller skal i løbet af det næste år op at stå i vindblæste Kansas i USA.Capital Power Corporation har bestilt møllerne til Boom Wind-projektet, som få..

Aktier/åbning: Mærsk hiver C20 op på tung regnskabsmorgen- KORR

04-05-2016 09:31:23
KORR: Overskrift rettet til "åbning"En sand regnskabsstorm ramte investorerne fra morgenstunden, hvor blandt andet A.P. Møller-Mærsk, TDC, ISS, GN Store Nord, N..

Mærsk Q1: Tilbagegang mindre end frygtet

04-05-2016 08:19:18
Tilbagegangen i A.P. Møller-Mærsk var i årets første kvartal mindre, end analytikerne havde spået.Årets indledende tre måneder bød på en tilbagegang i omsætning..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

Telefonica S.A. 10,42 0,0% Aktiekurs uændret
KPN KON 3,41 0,0% Aktiekurs uændret
Telefonica SA O Telefoni.. 9,21 0,0% Aktiekurs uændret
Telefonica 9,18 0,0% Aktiekurs uændret

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen

Copyright Euroinvestor A/S 2016  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
6. maj 2016 07:28:46
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20160502.2 - EUROWEB7 - 2016-05-06 07:28:46 - 2016-05-06 07:28:46 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x