Kinnevik agrees to sell its stake in Tele2 for $1.3 bln to Freya Investissement

Kinnevik AB

26/02/2024 06:55

COPENHAGEN, Feb 26 (Reuters) - Swedish investment
company Kinnevik  KINVb.ST  on Monday said it had agreed to sell
all its shares in telecoms operator Tele2  TEL2b.ST  to Freya
Investissement for 13 billion crowns ($1.26 billion) in total.
($1 = 10.3210 Swedish crowns)

 (Reporting by Louise Breusch Rasmussen, editing by Anna
Ringstrom)
 ((Louisebreusch.rasmussen@tr.com; +45 21 27 97 79;))