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Telia AB and Morgan Stanley Dean Witter Announce the Exercise of the Over-Allotment Option in Eniro's IPO.


Business Editors

STOCKHOLM, Sweden--(BUSINESS WIRE)--Nov. 7, 2000

Telia and Morgan Stanley To comply with Wikipedia's , the introduction of this article needs a complete rewrite.  Dean Witter Dean Witter may refer to:
  • Dean G. Witter (businessman, Co-founder of Dean Witter & Company)
  • Dean Witter Reynolds (brokerage firm, now known as Morgan Stanley)
 announce that the over-allotment option granted in connection with the initial public offering of Eniro AB was exercised in respect of 1,250,000 shares.

After the exercise of the over-allotment option, Telia holds 49.1% of the company's shares.

Eniro is listed on the O-List of the OM Stockholm Exchange, under the symbol ENRO.

Telia is the leading Nordic Internet and communication company challenging technology to liberate you in life and business. In 1999, Telia's sales totalled SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 52,121 million and the number of employees was approximately 30,600. Telia is quoted on the A-list of the Stockholm Stock Exchange The Stockholm Stock Exchange (Swedish: Stockholmsbörsen) is a stock exchange located in Stockholm, Sweden. Founded in 1863 [1] it is the primary securities exchange of the Nordic Countries. .

Eniro AB is the leading Nordic directories company, offline and online. The Company's 1999 revenues were SEK2,649 million and has approximately 2,000 employees in nine countries - in the Nordic Region, the Baltic States Baltic states, the countries of Estonia, Latvia, and Lithuania, bordering on the eastern coast of the Baltic Sea. Formed in 1918, they remained independent republics until their involuntary incorporation in 1940 into the USSR. They regained their independence in Sept.  and Eastern Europe Eastern Europe

The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991.
. Eniro's brand names in Sweden are Gula Sidorna, Emfas and Din Del. In total, Eniro publishes 700 titles distributed in 24 million copies. The number of visitors on the Company's web pages in 1999 amounted to 11.4 million.

The information contained herein is not for publication or distribution in or into the United States of America UNITED STATES OF AMERICA. The name of this country. The United States, now thirty-one in number, are Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, New Hampshire, , Canada or Japan. This press release does not constitute an offer of securities for sale in the United States; the securities may not be offered or sold in the United States absent registration or an exemption from registration; and any public offering of securities to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and that will contain detailed information about the company and management as well as financial statements.

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Article Details
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Publication:Business Wire
Geographic Code:4EUSW
Date:Nov 7, 2000
Words:339
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