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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

Telia offers concessions to address EU concerns over Bonnier deal

Tue 13th August, 2019 10:30am
BRUSSELS, Aug 13 (Reuters) - Swedish telecoms operator Telia
 TELIA.ST  has offered concessions in an attempt to allay EU
antitrust concerns over its $957 million bid for Bonnier
Broadcasting, the European Commission said on Tuesday.
    Telia put in its proposals on Monday, a filing on the EU
competition watchdog's website showed. 
    The Commission, which did not provide details in line with
its policy, will now seek feedback from rivals and customers. It
has set a Nov. 19 deadline for its decision.

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