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AMX Launches Dutch Tender

May 31, 2012

As planned, America Movil (AMX) has launched an offer to buy up to 22.9% more of Dutch telecom KPN, it says, and bring its stake as high as 27.7%. The Mexican telecom aiming to expand in European markets while valuations...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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