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Online Group reaches 100-percent ownership in Binero


Friday, 7 Feb 2014 03:36am EST 

Oniva Online Group Europe AB:Acquires the remaining 52 percent in Binero, a web hosting company.Acquired a 48-percent holding in Binero in 2013.Says Binero expects FY 2014 revenue of 55 million Swedish crowns and EBITDA of 15 million Swedish crowns.Financial details of the transaction were not disclosed.