Telia Company Mergers and Acquisitions Presentation Deck
TRANSACTION SUMMARY
STRATEGIC
RATIONAL
2
VALUE
FINANCIAL
EFFECTS
BALANCE
SHEET IMPACT
CONDITIONS
TIME TABLE
●
●
●
●
●
●
●
By combining Bonnier Broadcasting's competence and portfolio within domestic content and Telia's award winning TV service and
first class network we create a unique converged player in the Nordic region
SEK 9.2 billion on a cash and debt free basis with a additional purchase price of maximum SEK 1 billion
Implies EV/EBIT, including full run rate synergies of 7.7x*
Earnings and cash flow accretive to Telia Company post closing
Operational free cash flow contribution of SEK 0.6 billion standalone and SEK 0.5 billion net of synergies and integration costs 2020
Total consideration to be financed using cash on balance sheet
Net debt to EBITDA impact 0.2x
Subject to approval from EU Competition Authority
Expected closing in H2 2019
*Based on last twelve months as of 31 March 2018View entire presentation