TDC’s biggest shareholder lowers stake

23 Sep 2005

US investment company Capital, the biggest shareholder in Denmark’s largest telco TDC, has cut its stake from 5.57% to 4.89%; it now holds some 9.7 million ordinary shares in TDC. Industry sources earlier this month claimed that TDC was a buyout target for private equity groups.

Denmark, TDC (incl. Nuuday, TDC Net), TDC Group (old)