According to a Reuters report, TDC is in talks with banks about potential financing for the deal, which could value Com Hem at SEK11.7 billion (€1.26 billion).
Talks between the two companies to combine their assets started earlier this year, before Com Hem’s over-subscribed summer IPO, and have been “on and off since then,” said Reuters, citing two unnamed sources.
In September, TDC acquired Norwegian cable operator Get in a NOK 13.8 billion (€1.67 billion) deal, which TDC said will establish it as Scandinavia’s largest cable TV firm in terms of revenue.
ICYMI: Mixed fortunes for telcos in TV in Q3 digitaltveurope.com/2020/10/30/mix… https://t.co/n7JDtkvh9c
31 October 2020 @ 18:00:01 UTC
The explosion in demand for streaming video that accompanied the COVID-19 pandemic has more than ever highlighted t… twitter.com/i/web/status/1…
31 October 2020 @ 15:34:00 UTC