Telia Company divests its holding in Yoigo to MÁSMÓVIL

STOCKHOLM–(BUSINESS WIRE)–Regulatory News: Telia Company has agreed to sell its 76.6 percent holding in the Spanish operator Yoigo to MÁSMÓVIL, a Spanish telecommunications operator. The transaction price is based on an enterprise value of EUR 625 million for 100 percent of Yoigo. The deal is subject to approval from the Spanish competition authorities. The transaction is expected to close during the third quarter of 2016. “The divestment of Yoigo is an important milestone in our ambition to
Source: BusinessWire-Primary

Telia Company divests its holding in Yoigo to MÁSMÓVIL