Brief: Telia Agrees To Sell Its Shares In Marshall Group

Telia AB (publ)

24/01/2025 12:00

Jan 24 (Reuters) - Telia Company AB  TELIA.ST :
    * TELIA COMPANY AGREES TO SELL ITS SHARES IN MARSHALL GROUP
    * ENTERED AN AGREEMENT WITH HONGSHAN GROUP TO SELL ITS 9.6%
SHAREHOLDING IN MARSHALL GROUP FOR EUR 101 MILLION (SEK 1.15
BILLION)
    * INTENDS TO USE TRANSACTION PROCEEDS FOR DELEVERAGING
PURPOSES
    * TRANSACTION IS EXPECTED TO CLOSE IN Q2

Source text:  ID:nWkr6kCrBs 
Further company coverage:  TELIA.ST 

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