Reuters: Global Markets: KPN shares gain on possibility of America Movil bid

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

KPN shares gain on possibility of America Movil bid Jul 29th 2013, 07:09 BRUSSELS | Mon Jul 29, 2013 3:09am EDT BRUSSELS (Reuters) - KPN (KPN.AS) shares opened higher on Monday after the Dutch telecom group's main shareholder America Movil (AMXL.MX) terminated an agreement not to raise its shareholding to 30 percent, a level that would trigger a full takeover. The shares were up 4.1 percent at 0705 GMT and were among the strongest in the FTSEurofirst 300 index .FTEU3 of leading European stocks.

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