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Schibsted acquires Telia's TV & Media business

Jul 01, 2025

Acquiring Company

Schibsted

Acquired Company

Telia

NorwaySolnaE CommerceInternetHardwareSatellite CommunicationCall Center

Description

Telia Company has completed the sale of its TV & Media business to Schibsted for SEK 6.55 billion. The transaction was first announced in February and is structured on a cash and debt-free basis. Telia continues a partnership for content distribution with TV4 and MTV. The proceeds from the sale will be used for deleveraging purposes.

Quick answer

Schibsted is acquiring Telia, announced July 1, 2025. Schibsted is based in Norway.

How much did Schibsted pay for Telia?
The deal value was not disclosed.
What does Schibsted do?
Schibsted is a leading media group in the Nordic region.
Where are Schibsted and Telia based?
Schibsted is based in Norway. Telia is based in Solna, Stockholm County, Sweden.

Source: Fundz verified event record.

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Company Information

Company

Schibsted

Location

Norway

About

Schibsted is a leading media group in the Nordic region. The company operates a variety of online classifieds platforms, media outlets, and marketplaces. Schibsted's mission is to empower people in their daily lives by providing relevant information and services. It is headquartered in Oslo, Norway, and has a strong digital presence.

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Frequently asked

Who acquired Telia?

Telia was acquired by Schibsted, based in Norway. The deal was reported on July 1, 2025. Schibsted is a leading media group in the Nordic region. The company operates a variety of online classifieds platforms, media outlets, and marketplaces. Schibsted is privately held and operates in E Commerce.

When did Schibsted acquire Telia?

Schibsted's acquisition of Telia was reported on July 1, 2025. Telia Company has completed the sale of its TV & Media business to Schibsted for SEK 6.55 billion. The transaction was first announced in February and is structured on a cash and debt-free basis. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Telia do?

Telia is a telecommunications operator and digital service provider serving the Nordic and Baltic countries. It is privately held, operating in Hardware, and is based in Solna.

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