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TDC rejects takeover offer from pension funds, Macquarie

2018-02-08 08:39:00| Telecompaper Headlines

(Telecompaper) Danish operator TDC announced that it's rejected a takeover proposal from a group made up of pension funds PFA Pension and Forsikringsselskab, PKA and ATP and Macquarie Infrastructure & Real Assets Europe. TDC's Board of Directors concluded that the offer was "not in the best interest of TDC's shareholders and stakeholders", the company said. 

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