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Elering AS (10LW)

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Friday 19 June, 2015

Elering AS

Acquisition of shares

RNS Number : 7045Q
Elering AS
19 June 2015
 



Elering AS

Acquisition of 37 per cent of share capital of AS Võrguteenus Valdus

Elering AS, the Estonian electricity transmission system operator, has entered into an agreement to acquire 37 per cent of share capital of AS Võrguteenus Valdus for €19.9 million in cash. The acquisition will be completed on 22 June 2015. After described acquisition Elering holds 89 per cent of AS Võrguteenus Valdus' share capital.

Majority shares of AS Võrguteenus Valdus were acquired by Elering earlier this year as described in announcement on 2 January 2015.

 


This information is provided by RNS
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