Announced
Completed
Financials
Tags
tv broadcasting
Radio and TV Broadcasters
Sweden
Disposal
Private
Friendly
Single Bidder
Majority
Completed
Acquisition
Synopsis
Telia, a Swedish multinational telephone company, completed the acquisition of Bonnier Broadcasting from Bonnier, a privately held Swedish media group, for $954m. "We are convinced that this is a really good deal for Bonnier and for our companies. As a family-owned business, Bonnier has a clear long-term perspective and this divestment gives our remaining businesses a stronger financial foundation with the best possible conditions for the future," Carl-Johan Bonnier, Bonnier Chairman of the Board.
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