Carlos Slim is paying up to establish a foothold in Europe. The worlds richest man is offering about euro;2.6-billion ($3.4-billion) to lift his stake in KPN, the ailing Dutch telecom operator, to 28 per cent from his current 4.8 per cent. America Movil, the Mexican tycoons telephone company, is swooping after KPN shares wilted. But there are good reasons why the targets stock looks cheap.

More related to this story

• America Movil seeks $4.2-billion KPN stake
• Carlos Slim keeps top spot on Forbes billionaires list
• Mexicans overcharged billions for phone, Internet: study

Spring cleaning your finances is as important as cleaning your homes. It could be in the form of better financial planning, boosting your retirement contributions or savings for childrens higher education. According to Saleem Khokhar, Head of Equities at National Bank of Abu Dhabi Asset Management, UAE residents should pay greater attention to financial planning [...]

Ashhurst Cubs reckon they have got the lot they even sing about it. And it seems Ashhurst children agree. Ashhurst Scout Group has a waiting list to join two kids for Cubs and six for Scouts. Three dads restarted the group four years ago after it had been in recess since the early 2000s due [...]

Finard Finances Germantown Plaza Learn more about Finard Germantown LLC Tap into millions of public records, notices and articles on The Daily News with our ever-growing line of services. Try one of these to get you started: Name SearchWatch Service>Finard Germantown LLC, an affiliate of Burlington, Mass.-based Learn more about Finard Properties LLC Tap into [...]

FDA NEWS RELEASE For Immediate Release: April 27, 2012Media Inquiries: Tamara Ward, 301-796-7567, tamara.ward@fda.hhs.govTrade Press Inquiries: Sebastian Cianci, 240-402-2291, sebastian.cianci@fda.hhs.govConsumer Inquiries: 888-INFO-FDA FDA challenges marketing of DMAA products for lack of safety evidence Agency cites ten companies in warning letters The US Food and Drug Administration today issued warning letters to ten manufacturers and distributors [...]

New Delhi Rafting in the rapids of the Ganga at Rishikesh and ending the course with a leap of faith into swirling green waters from a 25-foot-high cliff face. For Rishabh Sharma, his birthday couldnt have been more exciting. And he is not an adventure freak. Usually, birthdays have involved partying with friends in a [...]

TUESDAY, May 8 (HealthDay News) — Consuming probiotic-rich foods may decrease the risk of diarrhea for patients who are taking antibiotics, a new study suggests. Probiotics are live microorganisms that are found naturally in foods such as yogurt and are believed to provide health benefits. About 30 percent of patients who take antibiotics will experience [...]

Hey Ice King! Whyd you steal our garbage? asks the cover of WayForwards Adventure Time game. The answer, it seems, is to build a Garbage Princess, which Finn and Jake have to then rescue for some reason. Maybe they just want to beat up the Ice King again. D3Publisher officially announced the game today, announcing [...]

New York (Platts)–8May2012/437 pm EDT/2037 GMT NYMEX June crude and ICE June Brent futures continued their selloff Tuesday, while NYMEX June RBOB and heating oil rallied to settle higher ahead of the release of the American Petroleum Institutes weekly oil inventory report. NYMEX June crude settled 93 cents lower to $97.01/barrel and ICE June Brent [...]

Captain Jack and a crew of pirates will attend on Friday, May 11, a fundraiser in San Jacinto to benefit the Center Against Sexual Assault. The Pirates, Pearls and a Mystery Island Adventure will run from 6:30 to 10 pm at the Country Club at Soboba Springs, 1020 Soboba Road. Tickets are $50 and available [...]