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Intercultural Business Current Events

Using a contemporary or current event, locate an Intercultural business situation context, and post the article, video clip, YouTube, picture, or news link. Identify the five components of social episodes expressed in your current event.

Discuss the relationship to the business context expressed. Why was this interesting or noteworthy to you? How does this relate or differ to any business situation you have been in?

Compare or contrast your posting with another current event, either in the United States or Internationally.

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Current Events
Using a contemporary or current event, locate an Intercultural business situation context, and post the article, video clip, YouTube, picture, or news link.

http://www.bloomberg.com/news/2013-08-09/america-movil-bids-2-40-euros-a-share-to-buy-all-of-kpn.html

Carlos Slim's America Movil SAB (AMXL) plans to buy the rest of Royal KPN NV (KPN) for 7.2 billion euros ($9.6 billion), a move that may interfere with a bigger deal by the Dutch carrier to sell its German business to Telefonica SA. (TEF)
America Movil will bid 2.40 euros a share in cash for the 70 percent in KPN that it doesn't own, the Mexico City-based company said today. That's 20 percent more than yesterday's close. KPN rose 16 percent to 2.31 euros at 2:09 p.m. in Amsterdam. The offer, to be made official next month, is subject to America Movil winning a stake of more than 50 percent.
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America Movil to Make $9.6 Billion Bid for Dutch Carrier KPN

Susana Gonzalez/Bloomberg
Carlos Slim is seeking to play a bigger role in Europe as the region's telecommunications market consolidates, is pouring more money into an investment he has so far made losses on.
Carlos Slim is seeking to play a bigger role in Europe as the region's telecommunications market consolidates, is pouring more money into an investment he has so far made losses on. Photographer: Susana Gonzalez/Bloomberg
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America Movil to Offer 2.40 Euros a Share to Take Over KPN

Jock Fistick/Bloomberg
A woman pushes a pram past a KPN store, operated by Royal KPN NV in Amsterdam.
A woman pushes a pram past a KPN store, operated by Royal KPN NV in Amsterdam. Photographer: Jock Fistick/Bloomberg
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Mexican Billionaire Carlos Slim

Susana Gonzalez/Bloomberg
Mexican billionaire Carlos Slim, chariman emeritus of America Movil SAB, now has more freedom to use Royal KPN NV to expand in Europe as the region's telecommunications market consolidates.
Mexican billionaire Carlos Slim, chariman emeritus of America Movil SAB, now has more freedom to use Royal KPN NV to expand in Europe as the region's telecommunications market consolidates. Photographer: Susana Gonzalez/Bloomberg

The twist came weeks after KPN agreed to sell its largest business, E-Plus, to Spain's Telefonica -- Slim's ...

Solution Summary

The relationship to the business context expressed are discussed. The five components of social episodes expressed in the current events are determined.

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