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9 months ago
BRIEF-Telia Company acquires Norway's Phonero 2.3 bln NOK deal
November 7, 2016 / 6:07 AM / 9 months ago

BRIEF-Telia Company acquires Norway's Phonero 2.3 bln NOK deal

Nov 7 (Reuters) - Telia

* Telia Company acquires Phonero in Norway

* Telia - acquires Norwegian Phonero at an enterprise value of NOK 2,300 million on a cash and debt free basis

* Says phonero reported net sales of NOK 1,104 million and an adjusted ebitda of NOK 217 million

* Telia - expects to generate annual cost synergies of approximately nok 400 million Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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