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