Acquisitions and disposals

See Group announcements concerning investments and divestments in Telenor Group ( last two years )

21 Mar, 2018 08:00

Telenor agrees to sell its Central and Eastern European assets to PPF Group for EUR 2.8bn

(Fornebu, Norway - 21 March 2018) Telenor has entered into an agreement to sell its assets in Central and Eastern Europe (CEE) to PPF Group for EUR 2.8 billion (around NOK 27 bn) on an enterprise value basis. The Board of Directors of Telenor intends to ask the Annual General Meeting (AGM) for authorisation to distribute a special dividend of NOK 4.40 per share.

divestment

13 Mar, 2018 12:30

Telenor Group and Ant Financial in strategic partnership to deliver inclusive financial services in Pakistan

(Fornebu, 13 March 2018) Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group (“Ant Financial”) in Pakistan, where Ant Financial will invest USD 184.5m for a 45% stake in Telenor Microfinance Bank (“TMB”), a subsidiary of Telenor Group, to further develop TMB’s mobile payment and digital financial services.

easypaisafinancial inclusionFinancial ServicesinvestmentTelenor Microfinance BankTelenor Pakistan

21 Sep, 2017 07:00

Telenor completes its sell-down in VEON

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divestment

21 Sep, 2017 02:14

Telenor completes its sell-down in VEON

Telenor ASA today announces that the underwriters have priced its offering of 90 million common shares of VEON Ltd. in the form of common shares and American Depositary Shares (ADSs) at a public offering price of USD 4.15 per ADS/share. The offering results in net proceeds to Telenor of USD 365 million (around NOK 2.9 […]

divestmentTelenor GroupVEON

20 Sep, 2017 22:25

Telenor to complete the divestment of its interests in VEON

Telenor ASA today announced that it has commenced an offering of 90 million of its common shares in VEON Ltd. in the form of common shares listed on Euronext Amsterdam and American Depository Shares (ADSs) listed on NASDAQ under the ticker “VEON”. Each ADS represents one VEON common share. Telenor currently owns approximately 346.7 million […]

divestmentTelenor GroupVEON