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Wireless

Telenor reaches 97.86% stake in DNA, to see mandatory redemption of remaining shares

Friday 11 October 2019 | 12:09 CET | News
Finnish operator DNA said that Telenor holds 97.86 percent of its shares after the end of its extended buy-out offer period on 10 October. Telenor has not announced another extension and will declare the final results of the offer on or about 15 October. As Telenor has more than nine tenths of the outstanding shares and votes in DNA, it will commence mandatory redemption proceedings for the remaining shares as soon as practicable.

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Categories: Mobile & Wireless
Companies: DNA / Telenor
Countries: Finland
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