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MDTMY Mandatum Oyj

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Last Updated: -
Delayed by 15 minutes
Name Symbol Market Type
Mandatum Oyj USOTC:MDTMY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.00 -

Moder Times Group Completes Sale of Stake in Operator Zitius

21/05/2014 8:50am

Dow Jones News


Mandatum Oyj (USOTC:MDTMY)
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    By Dominic Chopping 
 

STOCKHOLM--Swedish broadcaster MTG AB (MTG-B.SK) said Wednesday it has completed the sale of its 80% stake in Swedish communications operator Zitius Service Delivery AB to TeliaSonera AB (TLSN.SK), following approval from the Swedish Competition Authority.

 
   MAIN FACTS: 

-Zitius will be deconsolidated from MTG's accounts from the beginning of Jun.

-The transaction is expected to generate approximately SEK76 million of net gain.

-At 0718 GMT shares traded 0.4% lower at DKK300.70.

-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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