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General

Tele2 to raise SEK 3 bln in rights issue for TDC Sweden buy

Tuesday 4 October 2016 | 14:39 CET | News
Tele2 said its board of directors has decided on a rights issue of approximately SEK 3 billion rights issue in connection with its acquisition of TDC Sweden. The issue is subject to approval by an Extraordinary General Meeting on 27 October. Tele2's largest shareholder is Kinnevik, with 30.34 percent of shares and 47.92 percent of votes, and has committed to subscribe for its pro rata share of the rights issue.

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Categories: General
Companies: TDC / Tele2
Countries: Sweden
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