Schibsted ASA To Discuss Company has Entered into a Total Return Swap (TRS) with Danske Bank A/S and Share Sale in Adevinta Transcript
(technical difficulty) other shareholders, particularly private equity, and they don't seem to step in. And if they could comment on this, that will be quite helpful. Yes, I think these would be my 2 questions.
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As I said, I think what we -- the intention with what we have done, as I said, is twofold. One is to -- sort of to be -- put us in a situation where it's able to reduce our overall debt leverage because we have sort of being above our target range for quite some time. And we also have sort of -- have been in a situation where we need to have a plan for refinancing then on the shorter-term debt due to the coming -- as a result of the M&A transactions that we did back in 2020, 2021.
And of course, you could argue that sort of debt leverage of 3.5 as we have today is not -- shouldn't be a problem given the fact that we have the ownership stake in other Adevinta it reaches as we approved yesterday, is another liquid
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