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Eesti Meedia merges 7 of its Estonian subsidiaries
Estonian media holding AS Eesti Meedia on Monday completed a merger of seven subsidiaries, including Baltic News Service (BNS), with itself.
The merger of AS Kanal 2, AS Postimees Grupp, OÜ Raadio Elmar, AS Trio LSL, BNS Group OÜ, BNS Akadeemia OÜ, White Wizard OÜ and AS Eesti Meedia entered into force on April 3. All rights and obligations of the aforementioned companies were transferred to AS Eesti Meedia.
Eesti Meedia announced at the beginning of February that it was embarking on a process of consolidation of its media business, as part of which all media businesses of Eesti Meedia in Estonia would be merged.
Classifieds portals operator Allepal OÜ will continue operating as a subsidiary of Eesti Meedia.
Editor: Aili Vahtla
Source: BNS
