Telenor Completes Acquisition of Controlling Stake in Bahnhof and Launches Mandatory Offer

Telenor ASA completed its acquisition of a 50.80% controlling stake in Swedish internet service provider Bahnhof AB from K.N. Telecom AB and Andreas Norman. After receiving Competition Authority approval, Telenor launched a mandatory cash offer for Bahnhof’s remaining outstanding shares. The transaction shifts Bahnhof’s ownership structure; the article reports no financial figures or share-price impact.