February 28, 2019 / 8:53 AM / 22 days ago

BRIEF-Sunrise Communications Group AG Says Needs Simple Majority Of Shareholders To Approve Capital Increase

Feb 28 (Reuters) - Sunrise Communications Group Ag:

* SAYS EXPECTS INTEGRATION COSTS FROM THE TAKEOVER OF UPC SWITZERLAND TO BE 140-150 MILLION FRANCS

* SAYS EXPECTS A ONE LEVEL REDUCTION IN CREDIT RATING COMPARED TO ITS CURRENT RATING AFTER UPC SWITZERLAND PURCHASE

* SAYS NEEDS SIMPLE MAJORITY OF SHAREHOLDERS TO APPROVE CAPITAL INCREASE Source text for Eikon: Further company coverage: (Reporting by John Miller)

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