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Tdc A/S (TDC.CO)

TDC.CO on Copenhagen Stock Exchange

50.22DKK
5:58am EDT
Change (% chg)

kr.0.02 (+0.04%)
Prev Close
kr.50.20
Open
kr.50.20
Day's High
kr.50.22
Day's Low
kr.50.18
Volume
90,297
Avg. Vol
4,950,832
52-wk High
kr.50.28
52-wk Low
kr.33.68

Latest Key Developments (Source: Significant Developments)

TDC to apply for delisting after takeover of over 90 pct of its shares by Macquarie
Monday, 9 Apr 2018 02:59am EDT 

April 9 (Reuters) - Tdc A/S ::TDC : DK TELEKOMMUNIKATION APS ANNOUNCES THE FINAL RESULT OF THE VOLUNTARY TAKEOVER OFFER.OFFEROR HAS ENGAGED IN DIALOGUE WITH A NUMBER OF INVESTORS WHICH MAY RESULT IN THE OFFEROR OBTAINING MORE THAN 90% OF SHARES.HAS RECEIVED ACCEPTANCES REPRESENTING TIL 709,473,480 SHARES CORRESPONDING TO ABOUT 87.4 PER CENT OF THE ENTIRE SHARE CAPITAL AND ALL VOTING RIGHTS.IF THIS OCCURS THE OFFEROR INTENDS, FOLLOWING COMPLETION, TO INITIATE A ACQUISITION OF SHARES HELD BY REMAINING MINORITY SHAREHOLDERS.IF THIS OCCURS THE OFFEROR INTENDS, TO APPLY FOR A DELISTING OF TDC'S SHARES.DIALOGUE WITH SHAREHOLDERS HAS RESULTED IN ACCEPTANCES IN THE AMOUNT OF 3,482,735 ADDITIONAL SHARES IN TDC.  Full Article

UBS Group's Holding In TDC Falls Below 5 pct
Monday, 12 Mar 2018 05:38am EDT 

March 12 (Reuters) - Tdc ::REG-TDC : MAJOR SHAREHOLDER ANNOUNCEMENT REGARDING TDC A/S.UBS GROUP AG'S HOLDING OF VOTING RIGHTS AND SHARE CAPITAL ATTACHED TO SHARES IN TDC IS BELOW 5%.​.  Full Article

TDC: ‍UBS Group Raises Holding Of Financial Instruments In TDC To Above 5 Percent
Wednesday, 7 Mar 2018 09:31am EST 

March 7 (Reuters) - TDC ::REG-TDC : MAJOR SHAREHOLDER ANNOUNCEMENT REGARDING TDC A/S.‍UBS GROUP AG ACQUIRED FINANCIAL INSTRUMENTS IN TDC BRINGING THEIR HOLDING OF FINANCIAL INSTRUMENTS ABOVE 5%​.SAYS ‍UBS GROUP AG HAS ON 28 FEBRUARY 2018 ACQUIRED FINANCIAL INSTRUMENTS IN TDC BRINGING THEIR HOLDING OF FINANCIAL INSTRUMENTS ABOVE 5% OF SHARE CAPITAL AND VOTING RIGHTS​.  Full Article

TDC Board Decides To Recommend To Accept DK Telekommunikation ApS' Takeover Offer
Friday, 2 Mar 2018 01:50am EST 

March 2 (Reuters) - Tdc ::REG-TDC : PUBLICATION OF STATEMENT FROM THE BOARD OF DIRECTORS IN RESPECT OF DK TELEKOMMUNIKATION APS' TAKEOVER OFFER.BOARD OF DIRECTORS HAS DECIDED TO RECOMMEND SHAREHOLDERS OF TDC TO ACCEPT OFFER.SHAREHOLDERS ARE ADVISED TO READ STATEMENT IN ITS ENTIRETY BEFORE DECIDING WHETHER TO ACCEPT OFFER..  Full Article

TDC: UBS Group Holds More Than 10 Pct Of Share Capital And Voting Rights In Co​
Wednesday, 28 Feb 2018 03:49am EST 

Feb 28 (Reuters) - TDC ::REG-TDC : MAJOR SHAREHOLDER ANNOUNCEMENT REGARDING TDC A/S.‍UBS GROUP AG ACQUIRED SHARES AND FINANCIAL INSTRUMENTS IN TDC BRINGING THEIR HOLDING ABOVE 10% OF SHARE CAPITAL AND VOTING RIGHTS​.  Full Article

Telia Company says not in discussions with TDC
Monday, 12 Feb 2018 06:53am EST 

Feb 12 (Reuters) - Telia ::COMPANY NOT IN DISCUSSIONS WITH TDC.SAYS ‍TELIA COMPANY CONFIRMS THAT AS PART OF STRATEGIC REVIEW REGARDING OUR POSITION IN DENMARK WE HAVE INVESTIGATED OUR VARIOUS ALTERNATIVES WHICH HAVE INCLUDED ALSO A POSSIBLE ACQUISITION OF TDC​.SAYS ‍TELIA COMPANY CONFIRMS THAT IT IS NOT PRESENTLY IN DISCUSSIONS WITH TDC.​.  Full Article

TDC Has Been Approached By A Potential Bidder For All Shares
Monday, 12 Feb 2018 04:25am EST 

Feb 12 (Reuters) - TDC ::: TDC HAS BEEN APPROACHED BY A POTENTIAL BIDDER FOR ALL SHARES OF TDC.THERE CAN BE NO CERTAINTY THAT CURRENT DISCUSSIONS WILL LEAD TO POTENTIAL BIDDER MAKING AN OFFER.SAYS ‍THERE CAN BE NO CERTAINTY THAT CURRENT DISCUSSIONS WILL LEAD TO POTENTIAL BIDDER MAKING AN OFFER​.WOULD INTEND TO WITHDRAW ITS RECOMMENDATION OF TRANSACTION WITH MTG.SAYS ‍TDC HAS COMMUNICATED THAT TDC'S BOARD OF DIRECTORS WOULD INTEND TO WITHDRAW ITS RECOMMENDATION OF TRANSACTION WITH MTG TO COMBINE MTG'S NORDIC ENTERTAINMENT AND STUDIOS BUSINESSES WITH TDC IF AN OFFER FOR ALL SHARES OF TDC IS MADE​.  Full Article

TDC shareholder AllianceBernstein does not support MTG merger
Thursday, 8 Feb 2018 10:53am EST 

Feb 8 (Reuters) - ALLIANCEBERNSTEIN, WHICH HOLDS 1.12 PERCENT OF TDC'S SHARES ACCORDING TO THOMSONREUTERS' DATA, SAYS IN AN EMAIL TO REUTERS::WE DO NOT BELIEVE PROPOSED MERGER WITH MODERN TIMES GROUP IS BEST COURSE OF ACTION TO MAXIMISE VALUE FOR TDC SHAREHOLDERS.THE BID FROM MACQUARIE AND THE THREE DANISH PENSION FUNDS CLEARLY DEMONSTRATES THE UNDERLYING VALUE IN TDC’S BUSINESS.WE ASK TDC'S MANAGEMENT TO ACTIVELY ENGAGE WITH ANY INTERESTED PARTY TO EXTRACT THE BEST POSSIBLE OFFER FOR ITS OPERATIONS.  Full Article

TDC Says Prefers MTG Merger Over Takeover Proposal From Macquarie, Danish Funds
Thursday, 8 Feb 2018 08:11am EST 

Feb 8 (Reuters) - TDC'S BOARD OF DIRECTORS SAID IN A STATEMENT::SAYS THE BOARD OF DIRECTORS CONTINUES TO CONSIDER PROPOSED COMBINATION BETWEEN TDC GROUP AND MTG NORDICS AS THE PREFERRED ROUTE TO CREATE INCREMENTAL SHAREHOLDER VALUE.SAYS IF AN OFFEROR MAKES A FINANCIALLY COMPELLING PROPOSAL AT ANY TIME, WE ARE ALWAYS PREPARED TO ENGAGE IN A CONSTRUCTIVE DIALOGUE.SAYS WE BELIEVE CONTROL OF TDC SHOULD ONLY BE CEDED FOR A PRICE THAT ADEQUATELY REPRESENTS THE FAIR VALUE OF THE COMPANY; THE CONSORTIUM’S PROPOSAL DOES NOT MEET THIS TEST.  Full Article

Danish Pension Fund ATP Confirms Consortium Is In Dialogue With TDC On Possible Takeover
Thursday, 8 Feb 2018 04:11am EST 

Feb 8 (Reuters) - CHRISTIAN HYLDAHL, CEO OF DANISH PENSION FUND ATP, SAID ON PRESS CONFERENCE::DANISH PENSION FUND ATP CONFIRMS CONSORTIUM WITH MACQUARIE, OTHER FUNDS IS IN DIALOGUE WITH TDC <<>> ON POSSIBLE TAKEOVER; SAYS NO FORMAL OFFER HAS BEEN MADE.  Full Article