Telia Agrees To Sell Its Shares In Marshall Group

Reuters

01-24

Jan 24 (Reuters) - Telia Company AB ::
*TELIA COMPANY AGREES TO SELL ITS SHARES IN MARSHALL GROUP
*ENTERED AN AGREEMENT WITH HONGSHAN GROUP TO SELL ITS 9.6% SHAREHOLDING IN MARSHALL GROUP FOR EUR 101 MILLION (SEK 1.15 BILLION)
*INTENDS TO USE TRANSACTION PROCEEDS FOR DELEVERAGING PURPOSES
*TRANSACTION IS EXPECTED TO CLOSE IN Q2

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 24-JAN-202512:00:07.253 GMT

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