America Movil bites at increased offer for E-Plus

August 27, 2013  | Subscribers Only

James Allison James Allison Principal Analyst, Consumer Devices, IHS Markit
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Telefonica has increased its offer for German mobile operator E-Plus to gain the approval of major KPN shareholder, America Movil. The cash offer from Telefonica remains at ?5 billion, but KPN will now finish the transaction with a stake of 20.5% in the combined entity.

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James Allison

Principal Analyst, Consumer Devices, IHS Markit

James Allison is a principal research analyst at IHS Markit, researching the TV sets, smartphone, and connected devices markets.

Geography
Germany Netherlands
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