Finance
Viaplay buys remaining stake in Allente from Telenor
Viaplay buys remaining stake in Allente from Telenor
Published by Global Banking and Finance Review
Posted on July 17, 2025

Published by Global Banking and Finance Review
Posted on July 17, 2025

STOCKHOLM (Reuters) -Swedish streaming group Viaplay Group said on Thursday it had agreed to buy the remaining 50% stake in Allente Group from Norway's Telenor for 1.1 billion Swedish crowns ($113 million).
Viaplay said in a statement it would finance the deal, which would make it the sole owner of the provider of broadband and satellite TV, through available cash and a new 1.73 billion crown loan facility.
($1 = 9.7356 Swedish crowns)
(Reporting by Anna Ringstrom, editing by Louise Rasmussen)
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