KPN Royal KPN NV

ACM approves Youfone acquisition

ACM approves Youfone acquisition

Today, the Netherlands Authority for Consumers and Markets (ACM) has unconditionally approved the acquisition of Youfone by KPN. The approval follows the June 22, 2023 announcement that KPN intended to acquire Youfone. The transaction is expected to close in early April. KPN expects to provide an update of the financial impact of consolidating Youfone at the Q1 2024 results.

For more information:

KPN Royal Dutch Telecom

Investor Relations

Wilhelminakade 123

3072 AP Rotterdam

E-mail: 

Formal disclosures:

Royal KPN N.V.

Head of IR: Reinout van Ierschot

Inside information: Yes

Topic: ACM approves Youfone acquisition

21/03/2024; 17:45h

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21/03/2024

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KPN reports on progress of € 200m share buyback

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Benelux Morning Notes

ASM International: 1Q24 results - better on all fronts. Heineken: Uphill from here. KPN: 1Q24 in line, guidance slightly increased on Youfone acquisition. Melexis: 1Q24 results in line a relief. Universal Music Group: Spotify 1Q24 Results and guidance beat on margins. Vopak: Good progress to start the year. Wereldhave: 1Q24 LFL slows sharply

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