Gernandt & Danielsson has advised Bredband2 in connection with the completed public offer from Telia

Matters

On 18 July 2025, Telia Company AB announced a public offer to the shareholders of Bredband2 i Skandinavien AB. The offer consideration valued all shares in Bredband2 at SEK 3.1 billion. On 17 October 2025, the Swedish Competition Authority announced that it would initiate an in-depth investigation (a so-called “phase 2” investigation) of the transaction. On 22 December 2025, Telia received competition approval and announced that all necessary regulatory approvals had thus been received.

Today on 2 February 2026, Telia announced that shareholders owning 96.70% of the shares in Bredband2 have accepted the offer and that Telia completes the offer.

Gernandt & Danielsson has advised the board of directors of Bredband2 with a team consisting of partners Corinne EkmanManfred Löfvenhaft and Daniel Sveen, mainly assisted by partner Peter Forsberg (competition law) and associates Sofie Hallén (competition law) and Siri Telmen (corporate).

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