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Belgian 5G auction due in 2022, decision on fourth operator pending

KPN shares slide after it rejects takeover offers

KPN shares slide after it rejects takeover offers Reuters 2 hrs ago © Reuters/Piroschka Van De Wouw FILE PHOTO: The KPN logo is seen at the telecoms company s headquarters in Rotterdam AMSTERDAM (Reuters) - KPN shares lost almost 4% in early trading on Monday after the Dutch telecoms company said it had rejected two unsolicited takeover offers in recent weeks. The company on Sunday said that said it had rejected approaches from U.S. investment firm KKR and another from a private equity consortium comprising EQT AB and Stonepeak Infrastructure Partners, saying they had failed to provide tangible and material added value .

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