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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Brookfield Asset Management Ltd | NYSE:BAM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.58746 | -1.48% | 39.1925 | 39.26 | 37.87 | 39.05 | 4,747,587 | 21:15:34 |
By Dominic Chopping
STOCKHOLM--Swedish telecommunications operator Telia Co. AB said Wednesday that it has completed the sale of 49% of its Swedish tower business to Brookfield Infrastructure Group and Alecta following the receipt of all regulatory approvals.
The company agreed to the 5.5 billion Swedish kronor ($563.4 million) sale in January.
With the completion of this transaction, as well as the previous sale of 49% of Telia's Norwegian and Finnish tower business to Brookfield and Alecta, all of its tower assets are now placed in Telia Towers AB, a company 51% owned by Telia and 49% by Brookfield and Alecta.
Write to Dominic Chopping at dominic.chopping@wsj.com
(END) Dow Jones Newswires
June 01, 2022 04:49 ET (08:49 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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