HELSINKI, Sept 5 Finland's state investment fund
Solidium said it sold 368 million euros ($485 million) worth of
shares in TeliaSonera, cutting its stake in the Nordic
telecoms operator to 10.1 percent from 11.7 percent.
The average price of the placed 68 million shares was 5.41
euros, around 47.1 Swedish crowns per share. TeliaSonera shares
were down 2.8 percent at 47.17 crowns after the announcement.
Reuters last month reported a senior Finnish lawmaker as
saying the government will likely trim its stake in TeliaSonera
and insurance and investment group Sampo, amid
efforts to bolster its coffers. ($1 = 0.7577
(Reporting By Jussi Rosendahl; Editing by Ritsuko Ando)