Brief: Telenor Acquires Bahnhof To Strengthen Position In Sweden

Telenor ASA

08/07/2026 06:09

July 8 (Reuters) - Telenor ASA TEL.OL:
TELENOR ACQUIRES BAHNHOF TO STRENGTHEN POSITION IN SWEDEN
TO BUY CONTROLLING STAKE IN BAHNHOF AT SEK 6.1 BILLION ENTERPRISE VALUE
ACQUISITION TO TRIGGER MANDATORY CASH OFFER TO ALL BAHNHOF SHAREHOLDERS
TO LAUNCH MANDATORY CASH OFFER AT SEK 62 PER SHARE
ACQUISITION TO INCREASE TELENOR CONSUMER SUBSCRIBER MARKET SHARE TO APPROX. 27%
COMPLETION OF ACQUISITION EXPECTED WITHIN FOUR TO EIGHT MONTHS, SUBJECT TO REGULATORY APPROVALS
DEAL EXPECTED TO INCREASE ANNUAL EBITDA BY APPROX. SEK 0.7 BILLION OVER FIRST FOUR YEARS
AS OF Q1 2026, BAHNHOF LTM REVENUES SEK 2.3 BILLION, LTM EBITDA SEK 0.36 BILLION
TO BUY FOUNDERS' SHARES AT SEK 60/SHARE, ÖRESUND INVESTMENT AT SEK 62/SHARE
Source text: ID:nObi4vjvCa
Further company coverage: TEL.OL

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))