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TEO LT AB Announces Reorganization of Subsidiaries UAB Hostex and UAB Interdata with UAB Interdata Merging into UAB Hostex


Tuesday, 4 Dec 2012 01:00am EST 

TEO LT AB announced that the reorganization conditions for the reorganization of the companies belonging to TEO LT AB, UAB Hostex and UAB Interdata, are prepared. On the basis of the reorganization conditions, it is planned that companies shall be reorganized in accordance with the part three of article 2.97 of the Civil Code of the Republic of Lithuania by way of merger, by merging UAB Interdata that, after the reorganization, will cease its activities as a legal entity, into UAB Hostex, that will continue its activities after the reorganization. UAB Hostex continuing after the reorganization shall take over all the assets and liabilities as well as the rights and obligations of UAB Interdata. A 100% stake in UAB Hostex is owned by UAB Baltic Data Center, a subsidiary of TEO LT AB. UAB Hostex owns a 100% stake in UAB Interdata. Both companies provide web-hosting services. UAB Interdata has a subsidiary, UAB Hosting. 

Company Quote

0.747
0.0010 +0.13%
18 Sep 2014