Corporate, Commercial Law & M&A
October 13, 2017

Äripäev acquired the biggest IT trainings company in Estonia

We advised AS Äripäev in a transaction where Äripäev acquired 100% shares in the training company IT Koolituskeskuse OÜ from AS Telia Eesti. We assisted Äripäev in drafting the letter of intent, conducting the legal due diligence, drafting and negotiating the share purchase agreement and closing of the transaction.

Äripäev is the Estonian market leader of business media, issuing newspapers, books, handbooks ja leaflets. Äripäev is the biggest organizer of business conferences in Estonia. Äripäev is part of the biggest media group in Scandinavia – the Bonnier Group.

IT Koolituskeskus is the biggest IT trainings company in Estonia.

Telia Eesti is an IT and telecommunications company, which is part of the Telia Company Group – one of the biggest telecommunications companies in Europe