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Telenor rumoured to be eyeing Tele2 Croatia

22 Feb 2013

Media reports claim that Norwegian telecoms heavyweight Telenor Group, via its Serbian division, is interested in acquiring cellco Tele2 Croatia, and that the latter is currently undergoing due diligence. Rough values of EUR150 million-EUR200 million (USD198 million-USD265 million) for the mooted purchase were aired in the press, although the companies concerned had no public comments to make on the subject.

Croatia, Telemach Croatia (formerly Tele2), Telenor Group, Yettel Serbia (formerly Telenor Serbia)

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