Report
Konrad Zomer

KPN : Stick to the plan and unlock the value

>Takeover speculation - KPN’s shares have risen more than 40% in the last five months, fuelled by ongoing takeover speculation written up in Bloomberg articles. On 12 October 2020, a Bloomberg article mentioned EQT, the Swedish PE firm, as a potential bidder (with Brookfield AM mentioned in January 2019). KPN is rapidly accelerating its fiber network in the Netherlands, and already works with Delta Fiber (owned by EQT) on several projects. Synergy benefits would be ob...
Underlying
Royal KPN NV

Koninklijke KPN is an integrated information and communications technology service provider. Co. provides its consumer customers data broadband services, IPTV services, mobile (voice, data and SMS) and fixed line telephony. Co. provides its business customers broadband services, mobile, fixed line and data services. Co. operates in the following segments: Consumer Mobile, which provides mobile services and products; Consumer Residential, which provides services in and around the house; Business, which provides fixed and mobile telephony services; NetCo, which includes fixed wholesale services; Belgium, which provides mobile telephony; and iBasis, which provides wholesale network services.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Konrad Zomer

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