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General

TDC bidders receive enough acceptances for deal to go ahead

Friday 6 April 2018 | 12:26 CET | News
TDC bidder DK Telekommunikation said that by 05 April, it had received acceptances from holders of 88 percent of the Danish operators share capital and voting rights. The consortium of pensions firms PFA, PKA and AMP and of Macquarie Infrastructure and Real Assets said means that all the conditions for the completion of its DKK 50.25 per share offer have been satisfied, so that the deal will go ahead. Provided the final result is announced on 09 April, then settlement is expected on or around 04 May.

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Categories: General
Companies: TDC
Countries: Denmark
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