EU to probe Telia’s $960m Bonnier takeover

Margrethe Vestager: EU commissioner   Source: European Union

Margrethe Vestager: EU commissioner Source: European Union

  • EU sets September deadline to probe Telia/Bonnier deal
  • Commission warns Telia could block rivals from showing Bonnier channels
  • Telia agreed $960 deal as part of TV services expansion

The European Union (EU) has opened an in-depth investigation in Swedish telco’s Telia Company’s $960 million bid for Bonnier Broadcasting’s television operations.

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