Having earlier this month launched a voluntary takeover bid to acquire all the outstanding shares in TEO LT, TeliaSonera has announced that as of 25 June 2012 it now holds 85.6% of the Lithuanian fixed line operator. The acquisition price is EUR0.637 (USD0.79) per share in cash, equivalent to a total value of EUR76 million.
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OVETEL TeliaSonera boosts TEO stake to 85.6%
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