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COBALT advised the sale of BNS

2014-03-04

COBALT advised Kauppalehti and NASDAQ OMX Helsinki Exchange listed Alma Media Corporation on sale of 100 per cent of shares of Balti Uudistetalituse AS, the leading news agency and media monitoring business in the Baltics to KOHA Capital – an Estonian venture capital company.

The parties have agreed not to disclose the value of transaction. BNS was founded in 1990 and became part of Alma Media in 1998. BNS operates in Estonia, Latvia and Lithuania.

Project legal team included partner Peeter Kutman and senior associates Ott Aava and Liina Jents.