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Provider: Reuters Investment Profile
Provider: Auerbach Grayson & Co., Inc.

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Ekspress Grupp AS Acquires 49% Stake in UAB Adnet Media

Wednesday, 6 Nov 2013 09:31am EST 

Ekspress Grupp AS and UAB Adnet Media announced that they have signed an agreement of purchase and sale of shares, according to which AS Ekspress Grupp SA acquires 49% holding in Lithuania-based UAB Adnet Media. UAB Adnet Media is engaged in internet advertising sales in Estonia, Latvia and Lithuania. Ekspress Grupp AS will also get an option to acquire the remaining 51% of the shares of UAB Adnet Media in the first quarter of 2017. 

Company Quote

-0.04 -3.85%
21 Jul 2014