AMX finally gives KPN support for €3bn rights issue, DB joins
América Móvil (AMX) on Wednesday signed up to a €3bn rights issue from Koninklijke KPN in which it owns 28%, ending two weeks of speculation but failing to dampen the spirits of short sellers that have helped drive down the share price since the Dutch telecoms firm first announced plans for a deal of up to €4bn.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts