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TDC Stock Sale Said to Be Increased to 120 Million Shares

A stock sale in TDC A/S has been increased to 120 million shares from 80 million yesterday, according to a person close to the offer.

UBS AG, which is managing the sale, has enough demand to cover the offer, said the person, who asked not to be identified because the deal is private. NTC Holding is the selling shareholder.

To contact the editor responsible for this story: Alexis Xydias at axydias@bloomberg.net

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