Dutch telecoms firm KPN has opened the books at its Spanish operations to prospective buyers, including British telecoms operator Vodafone, a person familiar with the situation told Reuters on Tuesday, confirming reports in the Spanish media.
As of 12:53PM shares of Vodafone are falling 2.96% to 175.25p..
AB
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
-
The year trust became the currency in the art marketOpinion Collectors looking for accountability are turning to smaller dealers, says Sarah Ryan of New Blood Art
-
FCA could lift ban on crypto ETNs for UK retail investorsSome hope that the consultation could lead to a lifting of the ban on crypto ETF sales in the future
