Versatel, Tele2 put merger plans on hold after shareholder protest

Article Abstract:

Versatel Telecom International N.V. of the Netherlands and Tele2 AB of Sweden have discontinued plans for a merger amidst opposition from shareholders. The shareholders of Versatel Telecom International N.V. launched a lawsuit rejecting the 2.20 Euros ($2.78) share price offer saying the offer was too low and undervalued their stock holdings.

Netherlands, Financial management, Sweden, Investor relations, Tele2 AB, VersaTel Telecom International N.V., VRSA

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KPN makes offer to buy Getronics for $1.04 billion

Article Abstract:

Dutch telecommunications company KPN N.V. has presented a $1.04 bil management-backed cash offer to purchase information technology services firm Getronics N.V. KPN will also pay amounts for Getronics bonds and debt. The bid represents a 23% premium.

Strategy & planning, Computer and Data Processing Services, Planning, Computer services industry, Information technology services industry, Company business planning, KPN N.V., Getronics N.V.

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