Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Directors Deals Ltd.
$12.00
Provider: MarketLine (a Datamonitor Company)
$50.00
Provider: Wright Reports
$472.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Sanoma divests majority ownership of Lehtimedia to Lansi-Savo Group


Thursday, 10 Apr 2014 02:00am EDT 

Sanoma Oyj:Says Sanoma Media Finland divests majority ownership in Sanoma Lehtimedia and in local printing companies to the Lansi-Savo Group.The plan is to merge Sanoma Lehtimedia, Sanomapaino printing companies, Saimaan Lehtipaino, Lehtikanta and Etela-Savon Viestinta (owned by Lansi-Savo) into a single company.Expects the first stage of the corporate arrangement to be completed in Jan. 2015.Will fully transfer the ownership to Lansi-Savo in five years.Will receive about 10 million euros as the trade price at the first stage of the corporate arrangement.The cooperation between Sanoma and the divested parts will continue. 

Company Quote

4.48
0.018 +0.40%
17 Oct 2014