Mergers and take-overs

International Internet Magazine. Baltic States news & analytics Thursday, 23.11.2017, 18:37

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Ekspress Grupp acquires full holding in Adnet Media

Ekspress Grupp acquires full holding in Adnet Media

17.11.2017

The listed Estonian media holding Ekspress Grupp on November 16th acquired full ownership of UAB Adnet Media after receiving permission from the Lithuanian competition authority, informs LETA/BNS.

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



Bite Latvija acquires Stream Networks and Latnet

Bite Latvija acquires Stream Networks and Latnet

16.11.2017

Bite Latvija mobile operator has acquired Stream Networks and its subsidiary Latnet serviss, one of the oldest IT and telecommunications companies in Latvia, reports LETA.

Ekspress Grupp cleared to acquire Adnet Media

Ekspress Grupp cleared to acquire Adnet Media

13.11.2017

The Lithuanian competition authority on Friday cleared the listed Estonian media holding Ekspress Grupp to buy 51% of the shares in Adnet Media, which would give it a full 100-% stake with the shares that it already owns, informs LETA/BNS.


Government decides not to merge LMT and Lattelecom

Government decides not to merge LMT and Lattelecom

08.11.2017

The Latvian government yesterday decided not to support the proposed merger of Latvijas Mobilais Telefons (LMT) and Lattelecom telecommunications companies, reports LETA.

Maxima interested in Poland's retail chain Stokrotka

Maxima interested in Poland's retail chain Stokrotka

07.11.2017

The Baltics' leading retailer Maxima Grupe (Maxima Group), which owns the Aldik retail chain in Poland, is looking to expand its business in the neighboring country, informs LETA/BNS.


06.11.2017

Majority owner cancels sale of Lithuanian Novaturas, may choose to float

Enterprise Investors, one of the biggest private equity firms in Central and Eastern Europe, has canceled the planned sale of the Lithuanian tour operator Novaturas to Poland's largest tour operator Itaka Holding and is considering floating the Lithuanian company on the Vilnius and Warsaw stock exchanges, reports LETA/BNS.

02.11.2017

Up Invest buys majority shares in Estonian Apollo cinemas

The investment company Up Invest has acquired 55% of the cinema operator Apollo Kino OU, with the remaining shares to be kept by the company's owner to date, Ivar Vendelin, cites LETA/BNS.

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