KPN increases Getronics stake, holds 29.9 pct
29/08/2007
The shares represent 23.1 percent of the total issued share cpaital of Getronics, KPN and Getronics said in a joint statement, adding that the takeover preprations were progressing and that KPN expects to publish the offer memorandum in the first half of September.

AMSTERDAM, Aug 29 (Reuters) - Dutch telecoms group KPN (KPN.AS: Quote, Profile, Research)(KPN.N: Quote, Profile, Research) said on Wednesday it has again boosted its stake in IT services company Getronics (GTN.AS: Quote, Profile, Research), which it is planning to take over, and now owns 29.9 percent of Getronics shares.