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Warburg Pincus sells majority stake in Poland's Inea to Macquarie

2017-12-06 17:00:00| Telecompaper Headlines

(Telecompaper) Warburg Pincus, a global private equity company, is selling a majority stake in the Polish regional operator Inea to Macquarie European Infrastructure Fund 5, managed by Macquarie Infrastructure and Real Assets. Terms of the transaction were not disclosed.

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Telia sells MegaFon stake

2017-10-03 02:00:00| Total Telecom industry news

Telia Company has sold down its stake in Russia's MegaFon as part of its ongoing plan to exit it Eurasia operations. The Sweden-based operator announced that it has offloaded around 6% of its shares for 3.2 billion kronor (€334 million), leaving it with around 19% of the company's issued share capital…read more on TotalTele.com »

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Co-op Group sells remaining stake in Co-op Bank

2017-09-21 10:18:06| BBC News | Business | UK Edition

The Co-operative Group has sold is remaining 1% stake in Co-op Bank for 5m.

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Telenor sells 5.1% stake in Veon, sees NOK 2.9 bln proceeds in Q3

2017-09-21 09:49:00| Telecompaper Headlines

(Telecompaper) Telenor said it is continuing the sale of its interest in Veon, formerly known as Vimpelcom. It is offering 5.1 percent of Veon's total outstanding common shares, leaving Telenor with about 256.7 million ADS, or about 14.6 percent of Veon's common shares. The underwriters have priced the 90 million common shares and ADS in the offering at USD 4.15 each, giving net proceeds of USD 365 million (around NOK 2.9 billion), which will be included in Telenor's third-quarter cash flow statement.

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Co-op Group sells final stake in Co-op Bank

2017-09-21 09:47:00| BBC News | Business | UK Edition

The retail and services group has offloaded the final 1% stake it held in the troubled Co-op Bank.

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