Telenor completes acquisition of 50.8% controlling stake in Bahnhof and launches mandatory cash offer for remaining shares

Telenor ASA has completed its acquisition of a 50.80% controlling interest in Swedish internet service provider Bahnhof AB from K.N. Telecom AB and Andreas Norman, and launched a mandatory cash offer to acquire the remaining outstanding shares, following regulatory approval from the Competition Authority. Investment AB Öresund separately sold its 6.69% stake to Telenor for 446 million SEK.

Detected & updated continuously · Source: Nebula