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Borenius Advises on Sale of Baltic News Service

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Estonia
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The Estonian office of Borenius has advised Kauppalehti and the Alma Media Corporation on the sale of 100 per cent of the shares of the Baltic News Service to the KOHA Capital venture capital company.

BNS was founded in 1990 -- it became part of Alma Media in 1998 -- and is the leading news agency and media monitoring business in the Baltics. The value of the transaction was not disclosed by mutual agreement of the parties.

Borenius's legal team on the matter included Partner Peeter Kutman and Senior Associates Ott Aava and Liina Jents.