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Telefonica to Buy KPN’s German Subsidiary E-Plus for $6.58 Billion Plus Shares

Telefonica  to Buy KPN’s German Subsidiary E-Plus for $6.58 Billion
Telefonica, being a top Spanish telecom service, has made a deal with Dutch telecom company KPN to acquires its German subsidiary E-Plus. The acquisition deal is done for a staggering $6.58 billion/ 5 billion euros in cash plus 17.6% stakes in the resulting company.
Read more Jul 23 2013, 4:42am CDT
 

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