Tele2 Croatia sale to United Group completed

Tuesday, March 3rd, 2020 
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Tele2 closes the sale in Croatia

STOCKHOLM — Today Tele2 AB (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) completed the sale of Tele2 Croatia to United Group.

As communicated on 3 February 2020, Tele2’s Board of Directors intends to distribute the proceeds from the sale of Tele2 Croatia, along with additional cash available after re-levering growth in underlying EBITDAaL, through an extraordinary dividend of SEK 3.50 per share which will be proposed to Tele2’s Annual General Meeting on 11 May 2020.

Links: Tele2; United Group