Workflow
Õhtuleht
icon
Search documents
AS Ekspress Grupp to Acquire Full Ownership of AS Õhtuleht Kirjastus
Globenewswire· 2025-07-09 09:00
Group 1 - Ekspress Grupp will acquire the 50% stake in AS Õhtuleht Kirjastus from AS AVH Grupp, becoming the sole owner of the company [1] - Õhtuleht Kirjastus is one of Estonia's largest media companies, known for publishing the daily newspaper Õhtuleht and managing several online publications [2] - The acquisition aligns with Ekspress Grupp's long-term strategy to invest in quality journalism while maintaining traditional print and digital channels [3] Group 2 - The transaction's price and terms are undisclosed, and it requires approval from the Competition Authority before taking effect [4] - This acquisition is not classified as significant under NASDAQ Tallinn Stock Exchange regulations, and there are no personal interests from the management in the transaction [5] - AS Ekspress Grupp is a leading Baltic media group involved in various media-related activities, employing around 1000 people since its establishment in 1989 [5]