More on the pair of private equity firms preparing a $15bn bid for Dutch firm KPN

Author: Eamonn Sheridan | Category: News

KPN is a Dutch telecommunications and information technology services firm

Earlier breaking headline is here:
Here now is the link to the Wall Street Journal story on the bid being prepared. Main points:
  • New York-based Stonepeak Infrastructure Partners and Sweden's EQT 
  • bid could be valued at more than €3 a share ... KPN shares closed Wednesday at €2.88 in European trading
  • funds are preparing to conduct due diligence
  • goal of submitting a formal bid this spring
  • There are no guarantees that the parties will follow through, and if they do, that they will reach an agreement. Adding a layer of complication, the Dutch government would need to sign off on any deal.

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