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Telia Company to sell 5.65% in Russia’s MegaFon via unit

MOSCOW, Oct 2 (PRIME) -- Sweden’s Telia Company plans to sell 5.65% in one of Russia’s largest mobile operators MegaFon through its subsidiary Sonera Holding B.V., cutting its stake in MegaFon to 19.5%, Telia Company said in a statement on Monday.

The company plans to close the deal on Thursday.

BofA Merrill Lynch, Citi, and Morgan Stanley act as joint bookrunners for the deal, Telia Company said.

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02.10.2017 19:43