International Internet Magazine. Baltic States news & analytics
Wednesday, 01.04.2015, 20:48
Estonian commercial television station TV3 bought Internet advertising company SmartAD, LETA/Äripäev.ee reports.
Keyword tags: Advertising, Estonia, Internet, Markets and Companies, Mergers and take-overs, Technology
The Lawyer, one of the most influential European law publications, awarded “The law firm of the year: The Baltics 2015” to law firm Tark Grunte Sutkiene. The internationally recognised award was granted to Tark Grunte Sutkiene for successful participation in the major transactions in the region last year.
The number of mergers and acquisitions in the Baltic countries increased by 61% in 2014, reports LETA, referring to the "Prudentia M&A Folio" report.
OEG group company Olympic Casino Eesti AS has acquired business activity of operating two casinos from the Estonian casino operator Casino Cleopatra OÜ that increases the number of casinos OEG owns in Estonia to 20, OEG informed the Tallinn stock exchange, cites LETA.
Reorganisation of INVL Technology and BAIP Group was completed on 9 February 2015. INVL Technology was merged into BAIP Group, AB, the company said in a statement, cites LETA/ELTA.
Further to its announcement on 19 December 2014, International Personal Finance plc (IPF or the “Company”), a leading international provider of consumer credit, today announces the completion of its acquisition of the entire issued and to be issued share capital of MCB Finance Group plc (MCB), a consumer finance company established in Finland, Estonia, Latvia, Lithuania and a pilot operation in Australia, for a total consideration of £23.8 million.
Gjensidige Forsikring ASA has on 2 February 2015 agreed to acquire 99.88% of the shares in PZU Lietuva from PZU SA for EUR 54 million. The acquisition is in line with Gjensidige’s strategy to grow in the Nordic region and the Baltics.