OREANDA-NEWS. April 11, 2013. VTB Group acquired 100% of Tele2 Russia from Tele2 AB as a private equity investment. VTB obtained full control of the company for USD 2.4 bln in equity value and USD 1.15 bln in net debt.

VTB plans to support Tele2 Russia in the next stages of its development with a view to realize its investment.

As reported earlier, the signing ceremony took place in Stockholm, 27th of March 2013.

VTB Capital advised VTB Group on the acquisition of Tele2 Russia.