TDC Divests Shareholding in Inmarsat Ltd.
17 December 2003 - 9:00PM
PR Newswire (US)
TDC Divests Shareholding in Inmarsat Ltd. KOBENHAVN, Denmark, Dec.
17 /PRNewswire-FirstCall/ -- TDC has agreed to divest its 1.96%
shareholding in Inmarsat Ltd. for total proceeds of USD 29.4m (DKK
189m). TDC will sell its shares to Grapeclose Ltd, a company formed
at the direction of funds advised by Apax Partners and Permira.
Inmarsat Ltd. is a global mobile satellite communications operator
that offers a range of communications services to maritime,
land-mobile, aeronautical and other users. Inmarsat Ltd. is based
in London. For further information please contact TDC Investor
Relations at +45 3343 7680. TDC A/S Noerregade 21 0900 Copenhagen C
DK-Denmark http://www.tdc.com/ DATASOURCE: TDC A/S CONTACT: TDC
Investor Relations, +45-3343-7680 Web site: http://www.tdc.com/
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