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Telia sells Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 bln, restores dividend

2020-10-06 09:30:00| Telecompaper Headlines

(Telecompaper) Telia Company said that it has agreed to sell its international operation Telia Carrier to pensions investment firm Polhem Infra for SEK 9.45 billion on a cash and debt-free basis but is forming a long-term partnership with Telia Carrier to enable it to keep providing network services to Telia customers. The transaction is expected to generate a capital gain of about SEK 7.00 billion and the directors are proposing an extra dividend of SEK 0.65 per share, bringing the total dividend for 2019 back to the level originally proposed in January.

Tags: firm investment carrier sells

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