Media & Entertainment

European Commission approves Telia’s Bonnier buy

Nov 13, 2019

Via IBC - astudio / Shutterstock

  • European regulators rubber-stamp Telia’s acquisition of Bonnier
  • $957m takeover now due to be completed on 2 December
  • Telia agreed to concessions to win EC approval

The European Commission has given approval to Telia’s bid to buy Bonnier Broadcasting, paving the way for the Swedish telecoms operator to complete the $957 million merger.

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