Inside information: Estonian Competition Authority approves AS Maag Grupp’s acquisition of HKScan's Baltic businesses
HKScan Corporation, Stock Exchange Release, Inside information, 24 July 2023, at 17:00 Finnish timeHKScan has been informed that the Estonian Competition Authority has approved the arrangement announced in December 2022 whereby HKScan will sell its businesses in the Baltics. HKScan and AS Maag Grupp, the acquirer of the businesses, intend to close the transaction in the third quarter of 2023. The purchaser has undertaken certain post-closing obligations in connection with the transaction. The Latvian Competition Authority already approved the transaction unconditionally in February. On