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TDC would consider take-over offer from larger rival
2014-08-11 12:09:00| Telecompaper Headlines
(Telecompaper) TDC says it is ready to consider an offer, as the Nordic telecommunications industry heads into a wave of tie-ups that will absorb a number of mid-sized companies, Bloomberg reported. Pernille Erenbjerg, TDC's chief financial officer, told the news agency that it is not actively up for sale, but as a listed company, one is theoretically always for sale. TDC we would obviously listen if there were an approach, she said. Erenbjerg told Bloomberg that consolidation is a major theme in Europe for the industry and that looking at a five-year horizon, she would say that consolidation will take place in the Nordic region, too, leaving fewer players.
Tags: offer
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takeover
Category:Telecommunications