KPN rejects takeover bid from EQT-Stonepeak consortium and KKR
By Flemming in Business
Updated 3 years ago
(Reuters) - KPN NV has rejected "unsolicited" takeover offers from a private equity consortium comprising EQT AB and Stonepeak Infrastructure Partners and U.S. investment firm KKR, the Dutch telecommunications company said in a statement on Sunday. "Boards of KPN concluded that both approaches fail to provide tangible and material added...