International Internet Magazine. Baltic States news & analytics
Tuesday, 27.01.2015, 12:21
Estonian men's dress shirts and accessories producer Sangar bought the Swedish Oscar of Sweden company and brand, which is represented in the Nordic countries, the Netherlands, England, the US and Canada, Äripäev.ee/LETA reports.
Keyword tags: Estonia, EU – Baltic States, Good for Business, Markets and Companies, Mergers and take-overs, Textile
Estonian publishing and media company AS Ekspress Grupp has decided to merge its publishing arm AS Eesti Ajalehed and online media company AS Delfi to one enterprise, the company informed Tallinn Stock Exchange, cites LETA.
At the end of the year 2014, on December 11, the Competition Council granted permission for acquisition of the NP Foods concern, which includes companies Gutta, NP Foods, Staburadze, Margiris, Detente, Laima, by the Norwegian group Orkla ASA.
Tele2 Eesti sold the e-mail service Mail.ee to Latvian web portal Inbox.lv; the company reported that the transaction price was in six digits, LETA/Postimees Online reports.
East Capital Explorer's direct investment Starman, the leading cable TV and broadband internet service provider in Estonia, has signed an agreement to acquire 100% of Lithuanian Cgates for a total enterprise value of EUR 56.3 million, cites LETA/ELTA.
UK loan provider International Personal Finance plc announced that it will buy for 23.8 million pounds instant loans company MCB Finance Group which offers instant loans in Estonia under the brand Credit24, LETA/Public Broadcasting reports.
HKScan, a leading Nordic meat company, has signed an agreement to sell its Estonian egg business, OÜ Koks Munatootmine, to Danish Hedegaard Foods AS, LETA/Postimees Online reports.