Telia Company divests its interest in Moldcell
Fintur Holdings B.V. (Fintur), wholly-owned by Telia Company, has agreed to sell its 100 percent holding in Moldcell to CG Cell Technologies DAC, for a transaction price of USD 31.5 million. “I’m happy to announce the completion of our journey to exit Eurasia allowing us to fully focus on the Nordic and Baltic markets. Moldcell is a well-run company with very dedicated and talented employees whom I want to thank for their outstanding contributions over the years. We wish them all the best in the company’s next phase,” says Christian Luiga, acting President and CEO of Telia Company.