MEXICO CITY/PARIS (Reuters) – Mexican tycoon Carlos Slim stuck to his bid of 8 euros per share for a bigger stake in Dutch telecom firm KPN on Tuesday as his mobile phone giant America Movil hinted it was moving closer to a tie-up with its European target. America Movil, which has little left to snap up in Latin America, officially launched its offer and said it could pay some $3.25 billion for the 325 million KPN shares it wants to buy from current stockholders. The billionaire's cash cow is seeking its first stronghold in Europe and already holds a 4.8 percent stake in KPN. …

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Mexico’s Slim sticks to offer in raid on KPN