Brief: Viaplay Acquires Remaining 50% In Allente Group From Telenor
17/07/2025 06:30
July 17 (Reuters) - Viaplay Group AB (publ) VPLAYb.ST: VIAPLAY GROUP ACQUIRES THE REMAINING 50 PERCENT STAKE IN ALLENTE GROUP - ASSUMES FULL OWNERSHIP, REVISES ITS LONG-TERM GUIDANCE AND ITS 2025 GUIDANCE, REDUCES OUTSTANDING CREDIT COMMITMENTS OUTLOOK FOR 2025 : PRO FORMA CORE NET SALES: SEK 21.0-22.0 BILLION LONG-TERM AMBITIONS : CORE ORGANIC SALES GROWTH: ON AVERAGE FLAT OVER PERIOD 2025-2028 OUTLOOK: PRO FORMA CORE EBITDA BEFORE ACI & IAC: SEK 0.8-1.1 BILLION LONG-TERM AMBITIONS: CORE EBITDA BEFORE ACI & IAC MARGIN: DOUBLE DIGIT BY 2028 BUYS TELENOR'S 50% STAKE FOR SEK 1.1 BILLION FOLLOWING CLOSING OF ACQUISITION, LONG-TERM INDEBTEDNESS WILL AMOUNT TO APPROXIMATELY SEK 6.1 BILLION ACQUISITION FINANCED THROUGH CASH AND SEK 1,726 MILLION LOAN WILL BE CANCELLING ITS EXISTING EUR 646 MILLION GUARANTEE FACILITY NEW WORKING CAPITAL FACILITY EQUIVALENT TO SEK 2.5 BILLION HAS BEEN ESTABLISHED TELENOR TO SELL 50% STAKE IN ALLENTE TO VIAPLAY FOR SEK 1.1 BLN Source text: ID:nWkrc6417p Further company coverage: [VPLAYb.ST] (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 772 0920;))