New takeover offer on TDC12.02.2018
A consortium of Danish pension funds PFA, PKA and ATP and Australian capital fund Macquarie Infrastructure and Real Assets have made a takeover offer on Danish telecoms operator, TDC (TDC.CO).
The consortium has submitted an offer to buy the entire share capital of TDC A/S for an all-cash consideration of DKK 50.25 per share. The takeover offer is valued at a total of DKK 40.8 billion.
TDC’s board of directors recommend that the shareholders accept the offer.
Bruun & Hjejle acted as legal adviser to PFA, PKA and ATP and has advised on both equity and debt-related matters.
The transaction underlines Bruun & Hjejle’s long-standing commitment to alternative investments for institutional investors.