NI PLĖTRA TOGETHER WITH BALT DEVELOPMENT ACQUIRED JOINT CONTROL OF PANEMUNĖ PC
23 06 2015
On June 23, the Competition Council cleared acquisition of 50 per cent of Panemunės PC shares by NI plėtra. The latter company together with Balt Development acquired joint control of Panemunės PC.
Having evaluated all the circumstances related to the merger, the Council acknowledged that the intended merger will not create or strengthen the dominant position, or significantly restrict competition in the relevant market.
Last updated: 21 06 2016
