Viaplay buys remaining stake in Allente from Telenor (updated)
17/07/2025 06:43
Adds detail on acquisition in paragraph 2
STOCKHOLM, July 17 (Reuters) - Swedish streaming group Viaplay Group VPLAYb.ST said on Thursday it had agreed to buy the remaining 50% stake in Allente Group from Norway's Telenor TEL.OL for 1.1 billion Swedish crowns ($113 million).
Viaplay said in a statement it would finance the deal, which would make it the sole owner of the provider of broadband and satellite TV, through available cash and a new 1.73 billion crown loan facility.
($1 = 9.7356 Swedish crowns)
(Reporting by Anna Ringstrom, editing by Louise Rasmussen)
((anna.ringstrom@thomsonreuters.com;))