Carnegie placed shares in TDC
Carnegie was the only Nordic bank in the DKK 4.7 billion secondary placing in TDC at a price of DKK 39.50 per share. NTC Holding sold 120 million shares representing approx. 15% of the share capital (exclusive of treasury shares). NTC Holding, which comprises Apax Partners, Blackstone Group LP, Kohlberg Kravis Roberts, Permira Advisers and Providence Equity Partners, thereby reduced its stake in TDC to around 18%.
TDC is listed at NASDAQ OMX Copenhagen and is the leading provider of communications solutions and pay-TV with market leadership across all segments in the domestic market. In the other Nordic countries, TDC has established a strong position as the main challenger in the business market. TDC is pursuing a multi-brand strategy with a brand portfolio consisting of TDC, Yousee, Fullrate, Telmore, Netdesign, TDC Hosting and Dansk Kabel TV, and generated revenues of DKK 26.1 billion in 2012.