Reuters: Mergers News: KPN, Telefonica in talks over German unit sale -TV

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KPN, Telefonica in talks over German unit sale -TV Jun 1st 2012, 06:57 AMSTERDAM, June 1 | Fri Jun 1, 2012 2:57am EDT AMSTERDAM, June 1 (Reuters) - Dutch telecoms group KPN , target of Mexican peer America Movil, is in advanced talks with Spanish rival Telefonica about the sale of KPN's German business E-Plus, Dutch public broadcaster NOS reported on Friday. Telefonica was interested in E-Plus and KPN wanted to prevent America Movil from getting a big stake in KPN by selling E-Plus, NOS said, without citing sources.

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