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General

TDC shareholders approve legal separation into services and infrastructure divisions

Tuesday 11 June 2019 | 13:24 CET | News
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Danish operator TDC said that its general meeting has approved its partial demerger in a legal separation of the two business units established in June 2018, OpCo and NetCo. Upon completion of the demerger, they will be transferred to TDC subsidiaries Nuuday and TDC Netco with retroactive effect from 01 January 2019. Some headquarter functions and the primary part of TDC's external debt financing will remain with TDC.

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Categories: General
Companies: TDC
Countries: Denmark
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