21 jun: Brazil Energy Minister Suggests 10% Fuel-Price Increase -Report
21 jun: UPDATE: Brazil Jobs, Price Data Reinforce Views on Further Rate C..
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

Maersk Line søsætter prisstigning efter nyt ratedyk - bureau

17-10-2014 15:49:20
Efter et mislykket forsøg på at hæve raterne denne uge, forsøger Maersk Line igen at få kunderne til at betale mere for at få fragtet containere fra Asien til E..

GE Wind øgede salget og ordreindgangen

17-10-2014 13:13:40
Der var fremgang at mærke for General Electrics vindmølledivision, GE Wind, i tredje kvartal.GE Wind er en af Vestas' største konkurrenter, især på det amerikan..

Aktier/middag: C20 indhenter mere end torsdagens tab

17-10-2014 11:28:45
Det danske aktiemarked ser ud til at få et comeback fredag formiddag, efter at have været i modvind torsdag.Torsdag tabte det danske eliteindeks C20 Cap 1,8 pct..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge

Relaterede aktiekurser

Telefonica S.A. 14,05 0,4% Stigning i aktiekurs
KPN KON 2,23 0,0% Aktiekurs uændret
Telefonica SA O Telefoni.. 11,05 0,5% Stigning i aktiekurs
Telefonica 11,09 0,0% Aktiekurs uændret
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
20. oktober 2014 06:20:11
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20141015.1 - EUROWEB6 - 2014-10-20 06:20:11 - 2014-10-20 06:20:11 - 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