M&A Deal Summary

Telenor Acquires Bredbandsbolaget AB

On May 22, 2005, Telenor acquired communications company Bredbandsbolaget AB from The Carlyle Group

Acquisition Highlights
  • This is Telenor’s 2nd transaction in the Communications sector.
  • This is Telenor’s 2nd transaction in Sweden.

M&A Deal Summary

Date 2005-05-22
Target Bredbandsbolaget AB
Sector Communications
Buyer(s) Telenor
Sellers(s) The Carlyle Group
Deal Type Add-on Acquisition

Target

Bredbandsbolaget AB

Stockholm, Sweden
Bredbandsbolaget AB was a broadband communications company.

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Buyer(S) 1

Buyer

Telenor

Fornebu, Norway

Category Company
Founded 1855
Sector Communications
Employees10,867
Revenue 79.9B NOK (2024)
DESCRIPTION

Telenor is a Norwegian multinational telecommunications company. It is one of the world's largest mobile telecommunications companies with operations in Scandinavia, Eastern Europe and Asia. Telenor was founded in 1855 and is based in Fornebu, Norway.


DEAL STATS #
Overall 3 of 13
Sector: Communications M&A 2 of 7
Type: Add-on Acquisition M&A Deals 3 of 9
Country: Sweden M&A 2 of 3
Year: 2005 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-27 Utfors AB

Solna, Sweden

Utfors AB is a provider of broadband communication services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-03-14 Glocalnet AB

Stockholm, Sweden

Glocalnet develops and markets a broad spectrum of telecommunications services, including fixed-line and mobile telephony.

Buy -

Seller(S) 1

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 55 of 488
Sector: Communications M&A 5 of 19
Type: Add-on Acquisition M&A Deals 30 of 202
Country: Sweden M&A 1 of 4
Year: 2005 M&A 7 of 19
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-11 Colin Medical Technology

San Antonio, Texas, United States

Colin Medical Technology Corp. is a manufacturers of vital patient monitors and blood pressure monitors in Japan.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-05-25 Piedmont Aviation Services

Winston-Salem, North Carolina, United States

Piedmont Aviation Services, Inc. operates five full service general aviation facilities supporting corporate, business charter and individual aviation markets. Operations also include maintenance and overhaul, aircraft sales, charter services and flight training.

Sell -