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TeliaSonera planning to make a full bid for Lithuanian companiesTuesday, 08 May 2012
TeliaSonera has increased its stake in the Lithuanian operator Teo LT
and will make a bid for remaining shares, according to a press release.
is East Capital which has sold 7.87 percent stake in Teo LT to
TeliaSonera for about Skr347.5 million. Thus, Telia Sonera's ownership
increased from 68.29 to 76.16 percent.
The offer for remaining shares will be "as soon as all necessary approvals are obtained," according to TeliaSonera.
By Scancomark.se Team
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