Tele2 completed sale of Tele2 Switzerland to TDC Sunrise
Lenz & Staehelin advised the Swedish telecom group Tele2 AB (OMX Nordic Exchange: TEL2 A and TEL2 B) in its sale of Tele2 Switzerland to TDC Sunrise for approx. SEK 300 million (approx. CHF 45 million) in cash. The transaction was completed following approval from the Swiss Competition Commission.
Lenz & Staehelin's team was led by Matthias Wolf and included Kuno Sutter, Margot Van't dack and Samuel Frösch. Benoît Merkt and Stéphanie Buchheim of the firm's Geneva office provided competition law advice.