Telefonica to buy E-Plus from KPN

[rfranzq]

Originally Posted by inquisitor

The cancellation of the above mentioned agreements suggests that AMX intends to increase its share to 30% which will force AMX to submit a mandatory bid for the remaining 70%.

The ability to unilaterally cancel such an 'agreement' seems to me to mean that such agreements are meaningless.

Could one bid one-tenth the value or a share for the remaining shares?
No doubt not many would submit them, but the bidder would be happy to get them.