May 11, 2010 - Assignment

TV4 and Telenor strengthen Canal+ through Nordic co-ownership

TV4 Group and Telenor Group have agreed on joint ownership for C More Entertainment.

C More Entertainment operates Canal+ in the Nordic region and is a leading broadcaster in premium pay television in all the Nordic countries. Its channels of premium films, series and sports are enjoyed by over one million Nordic households. Canal+ also offers pay-per-view and video-on-demand services.

The Telenor Group is an international provider of high quality tele, data and media communication services with operations in 13 markets across the Nordic region, Central and Eastern Europe and in Asia. Headquartered in Norway, the Telenor Group is among the largest mobile operators in the world. Telenor is listed on the Oslo Stock Exchange.

Telenor was advised by Mannheimer Swartling. The team was led by Fredrik Andretzky (M&A), Stefan Widmark (Media) and Tommy Pettersson (Competition), assisted primarily by Christian Hallberg (M&A), Claudia Wallman (Media) and Rasmus Naeyé (Competition).