KPN Mulling Sale of Belgian Subsidiary
Published on: 15th Apr 2012
Note -- this news article is more than a year old.
By: Ian Mansfield
Netherlands based KPN is reported to be mulling a USD2.4 billion sale of its Belgian subsidiary Base.
Citing people familiar with the issue, Bloomberg News reported that the company, the third-largest in the country could appeal to private equity investors. Initial sales documents may be sent to investors next month.
A spokesman for KPN declined to comment on any potential sale.
On the web: Bloomberg News