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Telefonica sweetner puts E-Plus bid back on track

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Telefonica sweetner puts E-Plus bid back on track

E
euronews (in English)

205 Views • Aug 26, 2013

Description

Telefonica has sweetened its bid for E-Plus, the German business of Dutch phone company KPN.

It seems to be enough to satisfy Mexican billionaire Carlos Slim, who is the part owner of KPN and a rival to Telefonica in other markets.

KPN said Slim's America Movil had given an "irrevocable commitment" to vote for the sale.

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http://www.euronews.net/