International Internet Magazine. Baltic States news & analytics
Monday, 28.07.2014, 19:25
A transaction was concluded on Tuesday, according to which Swedish investor Oskar Svensson acquired a 70% stake in Estonia's third-largest pharmacy chain – Südameapteek, LETA/Postimees Online reports.
Keyword tags: Estonia, EU – Baltic States, Investments, Legislation, Markets and Companies, Medicine, Mergers and take-overs
Waste management company Ragn-Sells SIA bought VKB Serviss, leading Latvian company collecting hazardous waste, writes LETA/Postimees Online.
The merger between UniCredit Finance (former UniCredit Bank) and UniCredit Leasing has been successfully completed, informs marketing and PR manager at SIA UniCredit Leasing Agnese Buce.
From 1 July, 2014, State Enterprise (SE) Kaunas Airport and SE Palanga International Airport will be merged into SE Vilnius International Airport, with SE Vilnius International Airport as the surviving entity taking over rights, obligations and contracts of SE Kaunas Airport and SE Palanga International Airport, informs LETA/ELTA.
On 30 June 2014, PZU acquired all the requisite consents and approvals and closed the transaction to acquire the shares of AAS Balta, the Latvian insurance market leader, informed BC Agnieszka Zebrowska from corporate communication department of PZU Group.
On 17 June 2014, Satmatic Oy, a subsidiary of AS Harju Elekter in Finland, signed a contract for the purchase of all shares in Finnkumu Oy, Finland’s largest pre-fabricated substation producer, Harju Elekter informed the Tallinn stock exchange, cites LETA.
The Financial and Capital Markets Commission of Latvia gave consent to PZU to purchase the shares of AAS Balta – leader of the Latvian insurance market. This is another step in the international expansion of the biggest Polish insurer, informed BC Agnieszka Zebrowska from the corporate communication department at PZU Group.