Reuters - TDC Owners Reduce Stake

The main owners of Denmark's TDC have raised nearly 3 billion Danish crowns ($521.5 million) from the sale of stock in the telecoms group, reducing their stake for a second time this year. NTC Holding, a consortium of investment firms Apax Partners, the Blackstone Group LP, Kohlberg Kravis Roberts, Permira Advisers and Providence Equity Partners, said on Tuesday it had sold 80 million shares in TDC.

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