TeliaSonera increases holdings in Eesti Telekom
TeliaSonera has increased its holding in the Estonian subsidiary Eesti Telekom, which in turn owns the companies Elion and EMT. The shares were acquired at a price of SEK 71. 76 (EUR 7. 741) per share. The total purchase price is SEK 127. 7 millions (EUR 13.8 millions). TeliaSonera owns 51.55 percent of the capital and votes in the company after the transaction.In December 2004, TeliaSonera increased its holdings in Eesti Telekom to over 50 percent and consolidated the company. The acquisition of an additional 1.29 percent of the company gives a total share holding of 51.55 percent. Through