On 12 February 2018, MTG announced that TDC’s board had informed of its intention to withdraw its recommendation for their previously announced combination. As a reminder, TDC was willing to buy the Nordic and Studios MTG businesses for an overall value of SEK19.6bn. After rejecting a first bid offer from the Australian Macquarie and a consortium of the three Danish pension funds PFA, PKA, ATP, TDC finally accepted an attractive and revised $6.6bn takeover offer. The same consortium off
16 Feb 2018
A brief marriage
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
A brief marriage
Modern Times Group MTG AB Class B (MRTA:FRA) | 0 0 2.0% | Mkt Cap: 25,262m
- Published:
16 Feb 2018 -
Author:
Véronique Cabioc'h -
Pages:
3
On 12 February 2018, MTG announced that TDC’s board had informed of its intention to withdraw its recommendation for their previously announced combination. As a reminder, TDC was willing to buy the Nordic and Studios MTG businesses for an overall value of SEK19.6bn. After rejecting a first bid offer from the Australian Macquarie and a consortium of the three Danish pension funds PFA, PKA, ATP, TDC finally accepted an attractive and revised $6.6bn takeover offer. The same consortium off