Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Wednesday, 03.09.2014, 05:11

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Competition Board granted permission to Apollo for buying Solaris Cinema in Tallinn

Competition Board granted permission to Apollo for buying Solaris Cinema in Tallinn

28.08.2014

Competition Board approved the request from Apollo Kino OÜ, a cinema subsidiary of Apollo Group, for purchasing Solaris Kino OÜ from Solaris Property Partners, writes LETA/Postimees Online.

Keyword tags: Estonia, Legislation, Markets and Companies, Mergers and take-overs



EcoFleet Holding acquired Lithuanian company Altas Informacinės Technologijos

EcoFleet Holding acquired Lithuanian company Altas Informacinės Technologijos

27.08.2014

EcoFleet Holding OÜ acquired its former distributor in Lithuania UAB Altas Informacinės Technologijos. EcoFleet's new Lithuanian unit will temporarily be led by Jaanus Truu, the director of EcoFleet's Estonian office.

Orkla and NP Foods merger to be evaluated in 4 months

Orkla and NP Foods merger to be evaluated in 4 months

27.08.2014

The Competition Council in Latvia has received a merger report from Orkla and NP Foods, which will be reviewed within four months, reports LETA.


Latvian NP Foods sold to Norwegian Orkla

Latvian NP Foods sold to Norwegian Orkla

26.08.2014

Norway-registered Orkla has purchased the company NP Foods and its subsidiaries Laima, Gutta, Staburadze, Staburadzes konditoreja and Margiris, the company informed the business portal Nozare.lv, cites LETA.

Stream Networks buys Latnet

Stream Networks buys Latnet

21.08.2014

IT outsourcing company Stream Networks has acquired one of Latvia's first Internet companies, Latnet Serviss; after their merger, the joint company will be the second largest provider of telecommunications services in Latvia's corporate sector, according to an announcement released by the companies on Thursday, cites LETA/Nozare.lv.

19.08.2014

Uralkhim subsidiary acquires Ventamonjaks

The Ventspils company Ventamonjaks has been acquired by Despina Capital, a company where 55% of shares belong to the Cyprus-registered Uralchem Freight, a subsidiary of the Uralkhim company, and 45% to the Latvia-registered joint-stock company Halcyon Capital, informs LETA/Nozare.lv.

15.08.2014

Topsec Turvateenused acquires Viking Security in Estonia

On Friday, Topsec Turvateenused OÜ, a subsidiary of Estonian retail trade group Tallinna Kaubamaja AS, signed a contract under which it will acquire 100% of the shares of Viking Security AS in September, Kaubamaja informed the Tallinn stock exchange.

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