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DNA considers sale to private equity

2013-06-20 09:24:00| Telecompaper Headlines

(Telecompaper) Finnish operator DNA is considering a change in ownership. This could mean seeking new private equity owners, listing its shares on the stock market or keeping its current structure. It will consider the options this summer and aim to take a decision in the autumn. DNA is controlled by companies that were previously local phone carriers in Finland. The largest shareholder is Finda Group, which owns close to 33 percent. According to recent media reports, it had already attracted the interest of several private equity groups and could fetch over EUR 1 billion.

Tags: private sale equity dna

Category:Telecommunications

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