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Viaplay ( ($SE:VPLAY.B) ) has shared an update.
Viaplay Group has initiated written procedures among holders of its medium-term notes to gain approval for acquiring Telenor Communication II AS’s 50% stake in Allente Group, thereby assuming full ownership. This acquisition, part of Viaplay’s strategic expansion, requires approval from noteholders for new working capital credit facilities, with a significant portion of noteholders already committed to supporting the request.
The most recent analyst rating on ($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 AB is the leading entertainment provider in the Nordic region, offering a streaming service available in every Nordic country, the Netherlands, and Poland. The company also operates TV channels and radio stations, with a focus on delivering locally relevant storytelling through premium live sports, films, series, and music. Viaplay aims to grow its business profitably and responsibly, delivering sustainable value for stakeholders.
Average Trading Volume: 16,766,201
Current Market Cap: SEK3.21B
For detailed information about VPLAY.B stock, go to TipRanks’ Stock Analysis page.