Movil, controlled by tycoon Carlos Slim, had previously reported a stake of 21.4 percent.
Movil tried to buy KPN in 2013 but gave up attempts after being stymied by KPN's poison pill measures.
(Reporting by Toby Sterling; editing by Jason Neely)
AMSTERDAM (Reuters) - Mexican telecommunications company America Movil has cut its stake in Dutch telecoms company KPN to slightly more than 16 percent, a filing at financial watchdog AFM showed.
Movil, controlled by tycoon Carlos Slim, had previously reported a stake of 21.4 percent.
Movil tried to buy KPN in 2013 but gave up attempts after being stymied by KPN's poison pill measures.
(Reporting by Toby Sterling; editing by Jason Neely)
1st Jan change | Capi. | |
---|---|---|
+9.65% | 198B | |
+5.25% | 165B | |
+0.46% | 115B | |
-2.38% | 91.58B | |
+17.65% | 73.13B | |
-5.07% | 50.97B | |
-13.54% | 39.77B | |
-34.49% | 37.41B | |
-14.53% | 29.91B |