Finda has agreed to acquire 42% of Anvia Telecom Oy

In March 2016 Finda Oy announced that it has agreed to acquire 42% of Anvia Telecom Oy. The transaction did not close as on 30 May Anvia announced that it has agreed to sell Anvia Telecom, Anvia IT-Palvelut Oy, Anvia Hosting Oy, Anvia TV Oy and Watson Nordic Oy to Elisa Corporation. The acquisition price was €107 million. On 14 June Finda announced a €120 million cash offer for Anvia Telecom. On 21 June TeliaSonera made a €130 million offer for Anvia Telecom. On 28 June DNA made a €120 million binding offer for Anvia Telecom and four other subsidiaries of Anvia. On 29 June Anvia’s extraordinary general meeting accepted the transaction between Elisa and Anvia. Sisu Partners acted as the financial adviser to Finda.

Finda’s Press Release (in Finnish) ›