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TELIA - Telia AB News Story

SEK35.7 0.4  1.2%

Last Trade - 5:00pm

Sector
Telecoms
Size
Large Cap
Market Cap £12.25bn
Enterprise Value £20.61bn
Revenue £7.52bn
Position in Universe 57th / 1836

BRIEF-Telia formally notifies EU Commission of Bonnier Broadcasting acquisition

Fri 15th March, 2019 10:32am
March 15 (Reuters) - Telia Company AB  TELIA.ST :
    * TELIA COMPANY AB - TELIA COMPANY NOTIFIES THE EU
COMMISSION OF
BONNIER BROADCASTING ACQUISITION
    * IN 2018, TELIA ANNOUNCED ACQUISITION OF BONNIER
BROADCASTING
INCLUDING BRANDS TV4, C MORE AND FINNISH MTV, FROM BONNIER AB
FOR SEK 9.2 BILLION ON A CASH AND DEBT FREE BASIS
    * TELIA SAYS COMMISSION WILL NOW ANALYZE COMPETITION ASPECTS
OF
TRANSACTION IN A PHASE 1 INVESTIGATION
    * TELIA SAYS TELIA COMPANY EXPECTS TO BE ABLE TO COMPLETE
ACQUISITION OF BONNIER BROADCASTING DURING SECOND HALF OF 2019

Source text for Eikon:  ID:nNDLt4L6c 
Further company coverage:  TELIA.ST 

 (Reporting by Stockholm Newsroom)
 ((simon.c.johnson@thomsonreuters.com;))
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