Suitors Hang Up On O2 Takeover




Summary


THE prospect of an imminent bid for mobiles group O2 seemed to have diminished over the weekend, following the apparent collapse of the most likely takeover package.

German Deutsche Telekom and Dutch group KPN are understood to have ditched a Pounds 14bn bid after failing to agree on how to structure the deal.

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Suitors Hang Up On O2 Takeover

Speculation over a bid from the two c...

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