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General

Finland reduces stake in TeliaSonera to 3.2%

Wednesday 11 February 2015 | 14:53 CET | News
Finland's state holding company Solidium has successfully placed 200 million TeliaSonera shares at SEK 51.0 per share, raising gross proceeds of SEK 10.200 billion and reducing its share in the company to 3.2 percent from 7.8 percent. The size of the equity offering was upped to 200 million from 175 million shares due to strong investor interest. Solidium has agreed not to dispose of any further shares in TeliaSonera for a period of 90 days following the announcement of the offering on 10 February.

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Categories: General
Companies: Sonera / Telia
Countries: Finland
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