Summary
DUTCH telecoms group KPN has made a Pounds 9bn-plus bid approach to mmO2, the mobile network operator that was part of British Telecom.
In a statement after the stock market closed, mmO2 revealed it had 'received and considered a proposal' regarding 'a possible transaction', but added that ' discussions have now ceased'.See the full content of this document
Extract
Dutch Approach Could Spark Pounds 9bn Auction for Mmo2
The Footsie-ranked company, chaired by David Varney, declined to comment further. But mark...
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