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America Movil Secures Bridge

Aug 22, 2013

America Movil has secured the credit facilities necessary to finance its EUR7.2bn ($9.7bn) bid for Royal KPN, it says. The Carlos Slim-owned telecom has agreed to binding loans with “recognized global financial institutions subject to common conditions for this type...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management