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Viaplay Group Acquires Stake in Allente to Boost Nordic Market Presence

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Viaplay Group Acquires Stake in Allente to Boost Nordic Market Presence

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An update from Viaplay ( ($SE:VPLAY.B) ) is now available.

Viaplay Group has announced the acquisition of Telenor’s 50% stake in Allente Group, aiming to enhance its product and service offerings across the Nordic market. This strategic move is expected to expand Viaplay’s customer base and improve its financial outlook, with revised targets for 2025 and beyond, including increased sales and EBITDA margins.

The most recent analyst rating on ($SE:VPLAY.B) stock is a Hold with a SEK1.00 price target. To see the full list of analyst forecasts on Viaplay stock, see the SE:VPLAY.B Stock Forecast page.

More about Viaplay

Viaplay Group is a prominent player in the entertainment industry, focusing on streaming services and content production. It operates primarily in the Nordics, Netherlands, and through Viaplay Select, offering a variety of sports and non-sports content to its audience.

Average Trading Volume: 16,766,201

Current Market Cap: SEK3.21B

See more insights into VPLAY.B stock on TipRanks’ Stock Analysis page.

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