telenor asa (TEL:Oslo)
Transactions by TELENOR ASA (TEL) in the last 6 months
TV4 AB acquired the remaining 35% stake in C More Entertainment AB from Telenor ASA (OB:TEL) on June 27, 2014. Manfred Aronsson has been appointed as Chief Executive Officer of C More.
Telenor ASA (OB:TEL) agreed to acquire remaining 26% stake in Telewings Communications Services Private Limited from Lakshdeep Investments & Finance Pvt Ltd for INR 7.8 billion in cash on June 13, 2014. The transaction is subject to approval from the Foreign Investment Promotion Board of the Government of India. The transaction was approved by Foreign Investment Promotion Board of the Government of India on September 3, 2014.
Alliance Venture Spring held a first and final close at NOK510 million ($82.73 million) in 2014. Limited partners in the fund include Innovation Norway investing NOK 250 million ($40.55 million), Telenor, and Opera Software.
Opera Software ASA
Telenor ASA (OB:TEL) announces a share repurchase program. Under the program, Telenor will repurchase up to 31,000,000 shares with a nominal value of a total of NOK 276 million, representing 2.04% of its share capital. The minimum price payable for each share will be NOK 6 and the maximum price payable will be NOK 200. The repurchased shares shall be cancelled. The Board is free to decide if and how the acquisition of shares takes place within the framework of applicable ...
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