Brief: Tamedia: Swisscom Buys Tamedia's Stake In Swisscom Directories AG

TX AG

19/12/2018 06:19

Dec 19 (Reuters) - TAMEDIA AG  TAMN.S :
    * SWISSCOM ACQUIRES TAMEDIA'S STAKE IN SWISSCOM DIRECTORIES
AG
    * SWISSCOM EXERCISES  ITS RIGHT TO BUY TAMEDIA'S 31% STAKE
IN
SWISSCOM DIRECTORIES AND WILL BECOME SOLE SHAREHOLDER
    * EXERCISE PRICE FOR THE CALL OPTION IS CHF 220 MILLION PLUS
NON-OPERATING LIQUID FUNDS
    * TRANSACTION IS EXPECTED TO CLOSE IN THE FIRST QUARTER OF
2019

Source text for Eikon:  ID:nTENwpbbga 
Further company coverage:  TAMN.S 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))