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Tele2 sale to United Group wins approval

January 31, 2020 10.12 Europe/London By Chris Dziadul

The Croatian Competition Authority has notified Tele2 and United Group of its decision to approve the sale of Tele2 Croatia to United Group.

In a statement, Tele2 says it now awaits the publication of a formal approval.

As previously reported by Broadband TV News, Tele2 agreed to sell its Croatian business to United Group last June in a deal worth €220 million.

The Croatian Competition Agency decided to initiate a Phase ll investigation into the sale five months later.

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Filed Under: Central & East Europe, Editor's Choice, Newsline Tagged With: Croatia, Croatian Competition Authority, Tele2, United Group Edited: 3 February 2020 08:47

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