Copenhagen Post – The largest business deal in the country?s history could turn into a stock market selloff by the five capital funds that purchased telecommunications company TDC for a record sum in 2006.
The largest business deal in the country’s history could turn into a stock market selloff by the five capital funds that purchased telecommunications company TDC for a record sum in 2006.
The 68 billion kroner acquisition gave the investors control of 88 percent of the shares in the country’s largest telecom and shareholders a 40 percent premium on the value of the shares. At the time, it was Europe’s largest leverage buyout.
