Telecompaper General KPN ready to wait for higher bid and Dutch state will have conditions Monday 3 May 2021 | 12:11 CET | Author: Tim Poulus | Market Commentary KPN has confirmed approaches from KKR and EQT/Stonepeak over a possible takeover of the Dutch operator. No negotiations were held, and a price was not given, KPN said. KKR seems to have given up after shopping around, and announced last month a joint venture with T-Mobile Netherlands to develop fibre infrastructure (Open Dutch Fiber). As for EQT, which is already active in the Netherlands, we expect the story is not yet over. The market appears more doubtful, with KPN's share price falling after the latest news.