Telia AB logo

TELIA - Telia AB News Story

SEK37.25 0.4  1.1%

Last Trade - 5:00pm

Large Cap
Market Cap £12.80bn
Enterprise Value £21.17bn
Revenue £7.52bn
Position in Universe 55th / 1828

EXCLUSIVE-EU regulators to investigate Telia's bid for Bonnier - sources

Thu 9th May, 2019 11:17am
BRUSSELS, May 9 (Reuters) - EU antitrust regulators will
open an in-depth investigation into Telia Company's  TELIA.ST 
close to $1 billion bid for Bonnier Broadcasting after it failed
to address competition concerns, two people familiar with the
matter said on Thursday.
    Leading Nordic telecoms operator Telia announced the
9.2-billion crown deal in July last year as it seeks to expand
its media business. Owned by a prominent Swedish family,
Bonnier's brands include Sweden's biggest commercial broadcaster
TV4 and streaming service C More and Finnish MTV.*:nL8N1UG0LI

 (Reporting by Foo Yun Chee; editing by Alissa de Carbonnel)
 ((; +32 2 287 6844; Reuters
© Stockopedia 2021, Refinitiv, Share Data Services.
This site cannot substitute for professional investment advice or independent factual verification. To use it, you must accept our Terms of Use, Privacy and Disclaimer policies.