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. | |
---|---|---|
+8.41% | 196B | |
+4.27% | 165B | |
-0.60% | 116B | |
-2.44% | 92.42B | |
+15.51% | 71.03B | |
-7.18% | 49.84B | |
-31.05% | 38.6B | |
-16.70% | 38.26B | |
-12.00% | 30.57B |