January 19, 2018 / 7:07 AM / 6 months ago

BRIEF-MTG sells TRACE stake

Reuters Staff

1 Min Read

Jan 19 (Reuters) - Mtg Ab:

* MTG SELLS STAKE IN TRACE MEDIA GROUP

* SAYS ‍TRANSACTION VALUES 100% OF BUSINESS AT AN ENTERPRISE VALUE OF EUR 40 MILLION (APPROXIMATELY SEK 392 MILLION) AND CLOSING IS SUBJECT TO REGULATORY APPROVALS

* - SELLS ITS 75% SHAREHOLDING IN TRACE MEDIA GROUP TO TPG GROWTH

* SAYS ‍SELLS ITS 75% SHAREHOLDING IN TRACE MEDIA GROUP TO TPG GROWTH

* SAYS ‍TRANSACTION VALUES 100% OF BUSINESS AT AN ENTERPRISE VALUE OF EUR 40 MILLION Source text for Eikon: Further company coverage: (Reporting By Anna Ringstrom)

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