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General

TDC Reinsurance stake sale to Macquarie consortium gains financial watchdog approval

Friday 23 March 2018 | 13:54 CET | News

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The Danish Financial Supervisory Authority said it has approved DK Telekommunikation as an indirect owner of a qualified interest of 50 percent or more of the shares and voting rights in TDC Reinsurance. DK Telekommunikation is a consortium of pensions companies PFA, PKA and AMP and of Macquarie Infrastructure and Real Assets, and the reinsurance approval is linked to DK's bid to take over Danish telecons operator TDC. The  indirect acquisition of a the stake in in TDC Reinsurance will follow the completion of DK Kommunikation's DKK 50.25 per share takeover of TDC.

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Categories: General
Companies: TDC
Countries: Denmark
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