Telenor shares decline on first day despite decision to lower price

Article Abstract:

Telenor AS saw its share value decline by 4.8% despite the fact that the Norwegian government lowered the share price for the initial public offering. Telenor's shares fell to 40 Norwegian kroner (4.93 euros) per share.

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TeleDanmark gains on the possibility of a Telenor merger

Article Abstract:

TeleDanmark Communications AS saw its share value increase by 3.2% as the company is reportedly engaged in merger talks with Telenor AS. Such a deal would form an entity valued at about $16 billion (18.22 billion euros).

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KPN shares tumble as group questions stock offering

Article Abstract:

Shares of KPN N.V. fell dramatically amid criticism that the company's prospectus for its Euro5 billion share offering is too optimistic.

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