Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Tuesday, 21.04.2015, 08:01

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Finnish Schetelig sold its Baltic business to Estonians

Finnish Schetelig sold its Baltic business to Estonians

14.04.2015

Finnish gardening goods wholesales company OY Schetelig Ab sold its business in the Baltic States to its Estonian competitor OÜ Selteret, LETA/Postimees Online reports.

Keyword tags: Estonia, EU – Baltic States, Legislation, Markets and Companies, Mergers and take-overs



Profits of Lithuanian insurance undertakings up by a third in 2014

Profits of Lithuanian insurance undertakings up by a third in 2014

07.04.2015

In 2014, insurance undertakings registered in Lithuania, according to unaudited data, earned EUR 24.1 million (LTL 83.2 million) of profits, a year-on-year increase of 36%, writes LETA/ELTA.

Estonia's Hansapost acquires majority stake in Xnet.lv online store

Estonia's Hansapost acquires majority stake in Xnet.lv online store

02.04.2015

The Estonian e-commerce and distance trade leader Hansapost has become the majority shareholder in the Latvian online store Xnet after acquiring 70.05% shares of the company, Xnet informed LETA.


TV3 bought Internet advertising company SmartAD

TV3 bought Internet advertising company SmartAD

25.03.2015

Estonian commercial television station TV3 bought Internet advertising company SmartAD, LETA/Äripäev.ee reports.

The Lawyer awarded “The law firm of the year: The Baltics 2015” to Tark Grunte Sutkiene

The Lawyer awarded “The law firm of the year: The Baltics 2015” to Tark Grunte Sutkiene

18.03.2015

The Lawyer, one of the most influential European law publications, awarded “The law firm of the year: The Baltics 2015” to law firm Tark Grunte Sutkiene. The internationally recognised award was granted to Tark Grunte Sutkiene for successful participation in the major transactions in the region last year.

12.03.2015

Number of mergers and acquisitions in Baltics increases by 61% in 2014

The number of mergers and acquisitions in the Baltic countries increased by 61% in 2014, reports LETA, referring to the "Prudentia M&A Folio" report.

05.03.2015

OEG acquired the business activity of Estonian slot operator

OEG group company Olympic Casino Eesti AS has acquired business activity of operating two casinos from the Estonian casino operator Casino Cleopatra OÜ that increases the number of casinos OEG owns in Estonia to 20, OEG informed the Tallinn stock exchange, cites LETA.

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