{"id":8216,"date":"2018-02-12T11:00:41","date_gmt":"2018-02-12T16:00:41","guid":{"rendered":"http:\/\/worldscreen.com\/tveurope\/tdc-group-withdraws-mtg-deal\/"},"modified":"2018-02-12T11:11:26","modified_gmt":"2018-02-12T16:11:26","slug":"tdc-group-withdraws-mtg-deal","status":"publish","type":"post","link":"https:\/\/worldscreen.com\/tveurope\/2018\/02\/12\/tdc-group-withdraws-mtg-deal\/","title":{"rendered":"TDC Group Withdraws MTG Offer"},"content":{"rendered":"<p>Denmark\u2019s TDC Group has been approached with a bid for a potential takeover and is scrapping its plans to purchase MTG&#8217;s Nordic entertainment and MTG Studios businesses.<\/p>\n<p>Earlier this month, MTG and TDC Group announced a $2.5 billion deal that would see MTG Nordics and TDC combine their businesses to form \u201cEurope\u2019s first fully convergent media and communications provider.\u201d MTG has now released a brief statement that said TDC&#8217;s board of directors &#8220;intends to withdraw its recommendation of the signed agreement.&#8221;<\/p>\n<p>TDC reportedly received an offer for around SEK 40.8 billion ($6.7 billion) from a group led by Danish pension funds to purchase all assets of the Danish telecoms company.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Denmark\u2019s TDC Group has been approached with a bid for a potential takeover and is scrapping its plans to purchase MTG&#8217;s Nordic entertainment and MTG Studios businesses.<\/p>\n","protected":false},"author":350,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[178,1424,1510],"class_list":["post-8216","post","type-post","status-publish","format-standard","","category-top-stories","tag-mtg","tag-mtg-nordic-entertainment","tag-tdc-group"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - 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