The governments of Sweden and Finland could barely contain their desire for a bid battle for TeliaSonera to begin. Mats Odell, Sweden’s minister for financial markets, actively encouraged more offers while a hopeful Jyri Hakamies, Finnish minister for state-owned companies, said “we may expect new offers in future”.
But in spite of their eager anticipation, the proposed sale of TeliaSonera is rife with complications that present any potential bidder sitting on the sidelines with a formidable range of political obstacles to ponder before making a move.
