Merko Ehitus: Approval of Estonian Competition Authority for acquisition of a shareholding (Connecto Eesti AS)

Merko EhitusOn 3 June 2021, AS Merko Ehitus announced in a stock exchange release that AS Merko Ehitus Eesti, part of the group, signed a contract to acquire a 35% holding in Connecto Eesti AS. The approval of Estonian Competition Authority was needed for the transaction to take effect.

Estonian Competition Authority granted the needed approval on 25 June 2021. The transfer of shares is planned to take place during July 2021.

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