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Merko in a buying mood

Mar 10, 2010
From wire reports

ATTRACTIVE PRICES: With the market stabilizing, buyers are tentatively looking to make acquisitions.
TALLINN - Merko Ehitus, the largest listed Baltic construction company, has its “eyes open” for acquisitions in neighboring Latvia and Lithuania, where companies are suffering from a steep regional slump, says Chief Executive Officer Tiit Roben, reports Bloomberg. Tallinn, Estonia-based Merko, which earned more than 90 percent of 2009 revenue from building projects, also wants to boost its share of the Baltic road construction market, Roben said. “The goal of the coming year ...

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