December 19, 2018 / 6:20 AM / 10 months ago

BRIEF-Tamedia: Swisscom Buys Tamedia's Stake In Swisscom Directories AG

Dec 19 (Reuters) - TAMEDIA AG:

* SWISSCOM ACQUIRES TAMEDIA’S STAKE IN SWISSCOM DIRECTORIES AG

* SWISSCOM EXERCISES ITS RIGHT TO BUY TAMEDIA’S 31% STAKE IN SWISSCOM DIRECTORIES AND WILL BECOME SOLE SHAREHOLDER

* EXERCISE PRICE FOR THE CALL OPTION IS CHF 220 MILLION PLUS NON-OPERATING LIQUID FUNDS

* TRANSACTION IS EXPECTED TO CLOSE IN THE FIRST QUARTER OF 2019 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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