Buyout Firms Team Up on More Than $15 Billion KPN Bid

Buyout Firms Team Up on More Than $15 Billion KPN Bid

A pair of private-equity firms have teamed up to make a bid for Royal KPN NV that could value the Dutch communications-services provider at more than $15 billion, according to people familiar with the matter. Funds prepare to conduct due diligence with goal of...