KPN NV has rejected “unsolicited” takeover offers from a private equity consortium comprising EQT AB and Stonepeak Infrastructure Partners and U.S. investment firm KKR, the Dutch telecommunications company said in a statement on Sunday.

The EQT-Stonepeak proposition did not include an offer price, according to the company.

In April, the Wall Street Journal reported that the two investors sought to pay 3 euros per share for the top Dutch telecoms provider.

Read more at Reuters

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