Sale of TDC shares priced at 39.50 crowns/share -source

LONDON Fri Feb 8, 2013 6:35am EST

LONDON Feb 8 (Reuters) - The main owners of Danish telecom operator TDC reduced their stake in the company on Friday, pricing the sale at 39.50 Danish crowns per share, a source close to the deal said.

That was a 3.5 percent discount to Thursday's closing share price of 40.95 crowns, before the sale launched.

NTC Holding - a consortium of Apax Partners, the Blackstone Group LP, Kohlberg Kravis Roberts, Permira Advisers and Providence Equity Partners - sold a total of 120 million shares, the company said.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

Find your dream retirement town

Florida? Hawaii? Reuters has teamed up with Zillow to give you the power to customize a list of your best places to retire.  Video | Full Article