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Telenor appoints Lazard to advise on media IPO

Telenor, the Norwegian telecommunications firm, has hired Lazard to help it decide whether to press on with an initial public offering for Telenor Media, its directory and media subsidiary.

A spokesman for Telenor Media, in confirming the appointment of Lazard as strategic adviser, said: &quotIt was natural for them to assist us. We used Lazard on the original Telenor IPO and we were very happy with what they did.&quot

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