name and brand. A week later, a takeover bid from the Australian infrastructure group Macquarie and three Danish pension funds; PFA, PKA and ATP was leaked to the public, which TDC had rejected. The consortium clarified that the proposed MTG merger was not part of their strategy. In February the consortium launched an improved take-over offer, which TDC Group now recommended. The proposed MTG merger was called off. The consortium got EU approval for their takeover bid on 28 March 2018. In early April, the consortium announced they had acquired more than 90% of the total shares of TDC Group, making a delisting possible. On 20 January 2020, TDC announced that their lower-cost flanker brand Fullrate would be shut down and the customers be migrated to YouSee. References Telecommunications companies of Denmark Television in Denmark Private equity portfolio companies Mobile phone companies of Denmark Companies based in Copenhagen Companies based in Copenhagen Municipality Danish companies established in 1990 Danish brands