Business Services Industry

Tele2 AB acquires 75.1% stake in E.ON Bredband Sverige AB

Nordic Business Report, June 30, 2006

NORDIC BUSINESS REPORT-30 June 2006-Tele2 AB acquires 75.1% stake in E.ON Bredband Sverige AB(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

Swedish telecomms operator Tele2 AB said on Friday (30 June) that it has acquired a 75.1% stake in the Swedish broadband provider E.ON Bredband Sverige AB from E.ON.

Tele2 is paying SEK409m for the shares, in addition to assuming debt of SEK90m.

E.ON Bredband operates in southern Sweden.

One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).

((Comments on this story may be sent to nbr.feedback@nordicbusinessreport.com))

COPYRIGHT 2006 M2 Communications Ltd.
COPYRIGHT 2008 Gale, Cengage Learning

 

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