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TELIA - Telia AB News Story

SEK36.29 0.1  0.4%

Last Trade - 07/05/21

Sector
Telecoms
Size
Large Cap
Market Cap £12.79bn
Enterprise Value £21.27bn
Revenue £7.63bn
Position in Universe 55th / 1838

EU regulators to investigate Telia's $957 mln bid for Bonnier

Fri 10th May, 2019 4:00pm
BRUSSELS, May 10 (Reuters) - EU antitrust regulators on
Friday opened an in-depth investigation into Swedish telecom
operator Telia's  TELIA.ST  $957 million bid for Bonnier
Broadcasting on concerns that the deal may shut out rivals and
push up prices.
    The European Commission said concessions offered last month
by Telia were insufficient, confirming a Reuters story the
previous day. It set a Sept. 19 deadline for its decision.
 urn:newsml:reuters.com:*:nL5N22L6YB

 (Reporting by Foo Yun Chee)
 ((foo.yunchee@thomsonreuters.com; +32 2 287 6844; Reuters
Messaging: foo.yunchee.thomsonreuters.com@reuters.net))
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