Reuters - Ratos Sells Stofa

Ratos has sold broadband, cable TV and telephony company Stofa to the Danish energy and telecom group SE (syd energi) for DKK 1,900 million ($331.2 million), writes Reuters. The sale is reported to generate a net exit gain for Ratos of approximately SEK 850 million and an average annual return (IRR) of approximately 55 percent.

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