Selling the entire shareholding
FREDRIK_PERSSON
Freya Investissement buys all shares for a total value of SEK 13 billion.
Kinnevik AB has today announced that it is selling its entire shareholding in Tele2 – 20.7 million A shares and 116.9 million B shares. The buyer is Freya Investissement, which is jointly controlled by the European telecom group iliad and its chairman and founder Xavier Niel through NJJ Holding. The deal is worth SEK 13 billion and means that Tele2 will become part of iliad/NJJ’s existing European telecom operations in France, Italy, Poland, Switzerland, Monaco, Ireland, Cyprus and Malta.
After the entire deal is completed, iliad/NJJ will have 19.8 percent of the shares and less than 30 percent of the votes in Tele2.
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