Tele2 AB Announces Completion of Sale of Tele2 Russia to VTB Bank OAO

Thursday, 4 Apr 2013 11:05am EDT 

Tele2 AB announced that the sale of the company's Russian operations, Tele2 Russia, to VTB Bank OAO has been completed. Tele2's cash investment in this business was SEK 6 billion and has generated a cash return of over SEK 27 billion including the transaction, much of which has been returned to shareholders. 

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