Press Release
12 March 2024

iliad Group and NJJ Holding Acquire a Stake in Tele2

Our Paris Debt Finance Team advised iliad Holding, a holding company controlled by Xavier Niel, in the financing of the acquisition of circa 19.8% of the share capital of Tele2 by iliad Group and NJJ holding from Kinnevik.

This acquisition will be made through Freya Investissement, an investment vehicle co-owned by iliad Group and NJJ Holding and will be financed up to €500 million by iliad Holding and €650 million by NJJ Holding and Freya.

Tele2 is one of the leaders in the Swedish and Baltics telecom markets.

The Goodwin team was led by Frédéric Guilloux and included Benjamin Filiatre, Elisa Revel and Vincent Alexia on Financing aspects.