Carlos Slim in $9.6BN bid for Dutch telecom KPN

Friday, August 9, 2013 - 10:50 in Mathematics & Economics

America Movil SAB, owned by Mexican billionaire Carlos Slim, will launch a 7.2 billion euro ($9.6 billion) bid for the part of Dutch telecom company Royal KPN NV it doesn't already own, in a challenge to a rival offer for KPN's prized German mobile group E-Plus.

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