International Internet Magazine. Baltic States news & analytics
Monday, 31.08.2015, 20:46
Margus Linnamäe, entrepreneur who is currently fast developing his media business in the Baltic States, will have to sell BNS' Latvian subsidiary in order to be able to acquire full ownership of LETA, writes Äripäev/LETA.
Keyword tags: Estonia, Investments, Latvia, Legislation, Markets and Companies, Mergers and take-overs
Estonian investment company UP Invest OU, owner of the Baltic News Service (BNS) news agency group, has acquired LETA, the largest news agency in Latvia.
Estonian-owned fuel company Olerex completed the purchase of all Lukoil petrol stations, making it the largest petrol station network in Estonia now, LETA/Public Broadcasting reports.
The Estonian Competition Board granted permission to Estonian veterinary medicines and products wholesalers AS Dimela and AS Remedium to merge; the new company will be called AS Dimedium, LETA/Äripäev.ee reports.
Estonian casino operator OEG group company Jackpot Game S.r.l. has acquired business activity of operating two VLT slot casinos from the Italian VLT casino operator Pasquale Di Gaetano – Judica Concetta and sons sas, OEG informed the Tallinn Stock Exchange, cites LETA.
Vienna Insurance Group (VIG) signed an agreement today on the acquisition of 100% of shares in the Latvian insurance company Baltikums. The company will be fully taken over after the necessary permissions are received, reports LETA, according to VIG.
Norway Registers Development (NRD AS), a company controlled by ICT investment group INVL Technology, for EUR 200,000 acquired 80% of Lithuanian Etronika, UAB shares, INVL Technology reports LETA/ELTA.