Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Monday, 31.08.2015, 20:46

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Linnamäe's media company to sell Latvian BNS in order to buy LETA

Linnamäe's media company to sell Latvian BNS in order to buy LETA

26.08.2015

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



UP Invest acquires Latvian news agency LETA

UP Invest acquires Latvian news agency LETA

07.08.2015

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.

Olerex becomes Estonia's biggest petrol station chain

Olerex becomes Estonia's biggest petrol station chain

07.08.2015

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.


Estonian veterinary products wholesalers merge

Estonian veterinary products wholesalers merge

06.08.2015

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.

OEG acquired the business activity of Italian VLT slot operator

OEG acquired the business activity of Italian VLT slot operator

31.07.2015

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.

29.07.2015

Vienna Insurance Group acquires Latvian Baltikums insurance company

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.

27.07.2015

INVL Technology completes Lithuanian Etronika acquisition

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.

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