KPN rejects takeover speculation
Ian Bickerton writes in FT.com:
KPN, the Dutch telecoms company, on Monday rejected suggestions it had become vulnerable to a take-over as consolidation gathers pace in the wake of Telefónica of Spain’s £17.7bn ($30.8bn) bid for O2, of the UK.
In remarks directed at analysts who increasingly view the company as potential prey, Ad Scheepbouwer, KPN chief executive, told the FT: “We can take care of ourselves very well, thank you.”
posted by Fergie @ 11/08/2005 09:49:00 AM
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