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TELIA - Telia AB News Story

SEK37.25 0.4  1.1%

Last Trade - 5:00pm

Sector
Telecoms
Size
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.  urn:newsml:reuters.com:*:nL8N1UG0LI

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