Carlos Slim Bid Ignites Shares of Telecom Firm KPN

BRUSSELS (Reuters) - Carlos Slim, the world's riche

BRUSSELS (Reuters) - Carlos Slim, the world's riches

MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim ramped up his bid for a bigger stake in KPN by purchasing more shares of the Dutch telecommunications company at a lower price than his outstanding tender offer for up to 27.7 percent of the company. America Movil , the jewel of Slim's empire, said on Monday it entered into four separate transactions to buy an aggregate 6 million ordinary shares of KPN , bringing its holding in the Dutch firm to 7.3 percent. "All these transactions were entered into a price in cash of 7.8 euros per ordinary share," the company said in a statement. ...

MEXICO CITY (Reuters) - Mexican billionaire Carlos Slim upped the pressure on K

AMSTERDAM (Reuters) - Morgan Stanley has emerged as one of the biggest shareholders in KPN , the Dutch telecoms firm that Mexican billionaire Carlos Slim has targeted as a long-term investment and a stepping stone into Europe. Morgan Stanley does not hold KPN shares on behalf of Slim's company America Movil , which is seeking to take a 28 percent stake in KPN via a tender offer, a spokeswoman for Slim's group told Reuters. It was not clear whether Morgan Stanley, which declined to comment, held the stake on its own account or for clients. ...

MEXICO CITY/PARIS (Reuters) - Mexican tycoon Carlos Slim stuck to his bid of 8 euros per share for a bigger stake in Dutch telecom firm KPN on Tuesday as his mobile phone giant America Movil hinted it was moving closer to a tie-up with its European target.

Mexican tycoon Carlos Slim stuck to his bid of 8 euros per share for a bigger stake in Dutch telecom firm KPN on Tuesday as his mobile phone giant America Movil hinted it was moving closer to a tie-up ...

By Retracement:Lo and behold, less than a month after writing 'Profit From Investing Alongside The World's Richest Man: Carlos Slim', the Mexican business magnate struts his stuff again.