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Vodafone Buys Nordurljos

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Vodafone Buys Nordurljos

The telecommunications company Og Vodafone purchased a 90 percent stake in the media conglomerate Nordurljos. The sale price is reported to be ISK 3.6 billion. Og Vodafone is expected to purchase the remaining shares over the next few weeks.

Following the purchase, Nordurljos announced that managing director Sigurdur Gudjonsson will resign, and the current editor of Frettabladid, Gunar Smari Egilisson, will take his place.

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