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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Koninklijke KPN NV | EU:KPN | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.029 | 0.77% | 3.786 | 3.784 | 3.786 | 3.788 | 3.743 | 3.771 | 3,556,114 | 13:08:17 |
From Jul 2019 to Jul 2024
Spain's Telefonica S.A. (TEF) plans to pay for a portion of the possible takeover of KPN's (KPN.AE) E-Plus German mobile telecommunications business with shares of its own German unit, Telefonica Deutschland, a person familiar with the matter told Dow Jones Newswires.
Following the deal, Telefonica would like to keep at least a 60% stake in the German unit, but a capital increase may be necessary to complete the transaction, the person added.
Telefonica SA holds a stake in Telefonica Deutschland of less than 80%.
Earlier Monday, The Financial Times reported Telefonica is in advanced talks to purchase KPN's German operations and that the price would be around 6 billion euros ($7.91 billion).
In October 2012, Telefonica SA generated around EUR1.45 billion in an initial public offering of more than 20% of Telefonica Deutschland.
Write to Archibald Preuschat at archibald.preuschat@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Koninklijke KPN NV Chart |
1 Month Koninklijke KPN NV Chart |
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