SCRO grants Tele2, Com Hem merger authorisation
November 2, 2018
The Swedish Companies Registration Office (SCRO) has granted Tele2 authorisation to implement the merger plan for the merger between itself and Com Hem.
The SCRO is expected to register the merger on November 5th. In connection with the registration of the merger, Com Hem Holding will be dissolved and all its assets and liabilities will be transferred to Tele2.
In connection with the registration of the merger by the SCRO the shareholders that are registered in the share register of Com Hem will receive merger consideration. Each share in Com Hem Holding will be exchanged for 1.0374 new shares of class B in Tele2 and SEK 37.02 (€3.6) in cash.
Com Hem Holding shareholders will receive the Tele2 shares i.e. the non-cash merger consideration on November 7th and the cash merger consideration on November 7th – 8th.
Trading in the Tele2 share takes place as usual and will not be affected by the merger process.