Telia sells TV & Media to Schibsted Media for $615 mln

Telia AB (publ)

25/02/2025 06:06

OSLO, Feb 25 (Reuters) - Sweden's Telia Company
 TELIA.ST  said on Tuesday it has agreed to sell its TV & Media
business to Schibsted Media at an enterprise value of 6.55
billion Swedish crowns ($614.99 million) on a cash and debt-free
basis.

($1 = 10.6506 Swedish crowns)

 (Reporting by Terje Solsvik, editing by Stine Jacobsen)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70;))