EU: Authorities need more time for Telefonica/KPN tie-up (Competition Policy International)

The European Commission has reportedly extended the deadline to rule on the proposed acquisition of KPN’s German asset E-Plus by Telefonica.

The $11.83 billion buyout, first announced last summer, would see Telefonica-owned O2 acquire E-Plus. But the Commission said it will need until June 26 to rule on the deal as …read more

Source: Global Competition Law Blogs

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