DELFI OWNER GRANTED PERMISSION TO ACQUIRE COMPANIES MANAGING OUTDOOR ADVERTISING SPACE
The Competition Council has granted permission to Ekspress Grupp to acquire, indirectly via LT Screens , 100% of the shares in LT Advert and to take sole control of it, as well as to acquire sole control of the companies Pakelk akis and Dizarto reklama through LT Advert.
APPROVAL GRANTED FOR FOOD SERVICE SECTOR TRANSACTION
The Estonian company Apollo Group will be able to acquire 100% of the shares in Restoranai dvylika and CCF kavinės and assume joint control of these companies. The Competition Council has approved the transaction.
APPROVAL GRANTED FOR THE MERGER INVOLVING GAMBLING, LOTTERY, AND BETTING COMPANIES
The Czech company Fortuna Entertainment Group will be able to acquire 70% of the shares in Top Sport and Top Loto , and, together with Confluence Investment and Alda Holding , assume joint control of these companies. The Competition Council has approved the transaction.
COMPANIES PROVIDING AIRCRAFT MAINTENANCE SERVICES WILL BE ABLE TO PROCEED WITH THE TRANSACTION
The Competition Council has approved the acquisition by the U.S. company Setna iO of a 70.37% stake in J&C Aero and the takeover of its sole control.
APPROVAL GRANTED FOR A MERGER IN THE INFORMATION TECHNOLOGY SECTOR
The Competition Council has granted permission to the Norwegian investment company Hawk Infinit y to acquire, indirectly through the special purpose undertaking HIH VI , 85% of the shares in the Lithuanian company Raso and to take sole control of it.
APPROVAL GRANTED FOR A MERGER IN THE TRAVEL ORGANISATION MARKET
Businessman Neşet Koçkar will be allowed to acquire a 9.99% stake in Novaturas . Combined with the shares he already holds, his total ownership will reach 33.2%, enabling him to assume sole control of the company. The Competition Council has approved the transaction.
SWEDISH COMPANY RELATED TO VILNIAUS DUONA RECEIVES APPROVAL FOR TRANSACTION
The Competition Council has granted permission to Swedish company Lantmännen to acquire 100 % of the shares of the Finnish company Leipurin and, indirectly, 100 % of the shares of the Swedish company Kobia , Leipurin’s subsidiaries registered in Finland, Latvia, Lithuania and Estonia, as well as the Finnish companies LT HC One and LT...
CONCENTRATION PERMITTED FOR COMPANIES RELATED TO THE SALE AND PROCESSING OF WOOD
The Competition Council has granted permission to IKEA Forestry Investment to acquire 100% of the shares of Dasos LT Investment I and Kurzeme Timberland and, indirectly through the latter companies, 100% of the shares of Zemgale Timberland , Dasos LT Investment II and Euroforest 2 and to take sole control of these companies.
PERMISSION GRANTED TO ICE CREAM MANUFACTURERS TO COMPLETE A TRANSACTION
The Competition Council has allowed the ice cream manufacturer Froneri International Limited to acquire 100 % of the shares of Food Union Luxembourg Group and to obtain its sole control.
ESTONIAN COMPANIES WILL BE ABLE TO CARRY OUT THE TRANSACTION
The Competition Council has allowed Inbank Holdings to acquire 33.43% of Mobire Group shares and take sole control of the company. Prior to this transaction, Inbank Holdings had joint control of Mobire Group together with other shareholders.
CGATES RECEIVES PERMISSION TO ACQUIRE PART OF SPLIUS BUSINESS
The Competition Council has granted permission to Cgates , a company providing fixed Internet access, pay-TV, and telephony services in Lithuania, to acquire sole control of a newly established company to which parts of SPLIUS 's business – providing similar services – will be transferred.
APPROVAL GRANTED FOR CONCENTRATION IN THE FIELD OF INFORMATION TECHNOLOGY
The Norwegian investment company Hawk Infinity will be able to indirectly acquire 94.74% of the shares in the company WhiteBit through a special purpose entity, SaaS Holding , and take sole control of WhiteBit . The Competition Council has granted permission for this transaction.