Resilient Media Entertainment

Thursday, October 25, 2012

BRIEF-Private equity firm Ratos sells Stofa for 1.0 bln DKK


Ratos : * Ratos sells broadband, cable TV and telephony company Stofa to SE * Says has signed an agreement to sell all the shares in the subsidiary Stofa 

 to the danish energy and telecom group SE (syd energi) for DKK 1,900M (enterprise value). * The selling price for 100% of the shares (equity value) amounts to approximately DKK 1,002m * Says the sale generates a net exit gain for Ratos of approximately SEK 850M  

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