DNA considers sale to private equity

News Wireless Finland 20 JUN 2013
DNA considers sale to private equity
Finnish operator DNA is considering a change in ownership. This could mean seeking new private equity owners, listing its shares on the stock market or keeping its current structure. It will consider the options this summer and aim to take a decision in the autumn. 

DNA is controlled by companies that were previously local phone carriers in Finland. The largest shareholder is Finda Group, which owns close to 33 percent. According to recent media reports, it had already attracted the interest of several private equity groups and could fetch over EUR 1 billion. 

Categories:

Mobile

Companies:

DNA

Countries:

Finland

Tags:

Voice services, M&A buyouts & divestments

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