AS Ekspress Grupp submitted a merger control notification
May 21 2024 - 8:30AM
UK Regulatory
AS Ekspress Grupp submitted a merger control notification
According to the decision of the Lithuanian
Competition Council of December 22, 2023, AS Ekspress Grupp
submitted a merger control notification to the Lithuanian
Competition Council in connection with the acquisition of UAB
Lrytas. The Lithuanian Competition Council started the merger
control procedure on May 15, 2024.
At the end of 2022, AS Ekspress Grupp and the
publisher of the largest Lithuanian newspaper UAB "Lietuvos rytas"
signed an agreement to acquire 100% shares of UAB
"Lrytas", a subsidiary that publishes the online news portal
lrytas.lt. Founded in 2006, lrytas.lt is a Lithuanian news portal
that delivers news in Lithuanian and English languages.
Additional information
Mari-Liis Rüütsalu
Chairman of the Management Board
+372 512 2591
mariliis.ryytsalu@egrupp.ee
AS Ekspress Grupp is the leading
Baltic media group whose key activities include web media content
production, and publishing of newspapers, magazines and books. The
Group also operates an electronic ticket sales platform and ticket
sales offices and offers outdoor screen service in Estonia and
Latvia. Ekspress Grupp launched its operations in 1989 and employs
almost 1100 people.
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