As a sideline to its results release, MTG unexpectedly announced it had entered into a definitive agreement to merge its Nordic Entertainment and Studio with TDC Group (the largest telecommunication company in Denmark). The latter will buy these activities for SEK 19.6bn in cash (SEK3.3bn) and in shares (309m new shares issued). Immediately upon completion of the combination, each MTG shareholder will receive approximately 4.6 TDC share and MTG will also receive SEK430m additional cash corres
02 Feb 2018
A Norsdik Jätte: a premise of the future European broadcasting landscape ?
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A Norsdik Jätte: a premise of the future European broadcasting landscape ?
Modern Times Group MTG AB Class B (MRTA:FRA) | 0 0 2.0% | Mkt Cap: 25,262m
- Published:
02 Feb 2018 -
Author:
Véronique Cabioc'h -
Pages:
4
As a sideline to its results release, MTG unexpectedly announced it had entered into a definitive agreement to merge its Nordic Entertainment and Studio with TDC Group (the largest telecommunication company in Denmark). The latter will buy these activities for SEK 19.6bn in cash (SEK3.3bn) and in shares (309m new shares issued). Immediately upon completion of the combination, each MTG shareholder will receive approximately 4.6 TDC share and MTG will also receive SEK430m additional cash corres