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EU clears KPN sale of German E-Plus to Telefonica

Source: Channel News Asia

BELGIUM-EU-BARNIER-ALMUNIA
BRUSSELS: The European Commission on Wednesday cleared the acquisition of E-plus in Germany, a unit of Dutch KPN, to Telefonica of Spain, but subject to conditions over competition concerns."The remedies to which Telefonica commits ensure that the acquisition of E-Plus will not harm competition in the German telecoms markets," EU Competition Commissioner Joaquin Almunia said. European Union has cleared the acquisition of E-plus in Germany, a unit of Dutch KP ...
Full article at: Channel News Asia Jul 2 2014, 7:08am CDT
 


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