Feb 1 (Reuters) - Tdc:
* : TDC : TDC GROUP ENTERS INTO AGREEMENT TO COMBINE WITH MTG’S NORDIC ENTERTAINMENT AND STUDIO BUSINESSES
* TO CREATE EUROPE’S FIRST FULLY CONVERGENT MEDIA AND COMMUNICATIONS PROVIDER
* MTG NORDIC HAS BEEN VALUED AT SEK 19.55BN (DKK 14.86BN), ON A CASH AND DEBT FREE BASIS
* TRANSACTION BRINGS TOGETHER TDC’S DIRECT-TO-CONSUMER OFFERING IN MOBILE, BROADBAND AND TV SERVICES
* COST SYNERGIES OF DKK 400M YEARLY WITH AN ADDITIONAL REVENUE POTENTIAL OF APPROXIMATELY DKK 200M.
* COST SYNERGIES OF DKK 400M YEARLY WITH AN ADDITIONAL REVENUE POTENTIAL OF APPROXIMATELY DKK 200M FROM DEAL
* DIVIDEND UPSIDE DUE TO VALUE OF SYNERGIES AND TRANSACTION LEADING TO IMPROVED CAPITAL STRUCTURE
* BOARD OF DIRECTORS INTENDS TO INCREASE 2018 DIVIDEND PER SHARE (DPS) TO DKK 1.40
* SHALL PAY AT CLOSING OF TRANSACTION A CASH AMOUNT OF SEK 3.3BN AND ISSUE A TOTAL OF 308.9 MILLION TDC SHARES
* 2018 FINANCIAL RESULTS WILL BE IMPACTED BY MERGER WITH MTG NORDICS WITH EFFECT FROM CLOSING OF TRANSACTION.
* UPDATED FULL YEAR GUIDANCE FOR 2018 WILL BE PUBLISHED WHEN TRANSACTION CLOSES Source text for Eikon: Further company coverage: (Gdynia Newsroom)