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Norwegians acquire Postimees' shares

Aug 27, 1998
By Kairi Kurm

TALLINN - The Norwegian media group Schibsted ASA, one of the largest media groups in the Nordic region, increased its holding in the Estonian media company Postimees from 34 to 92.5 percent'Schibsted bought a 58,5 percent stake of shares in Postimees from the former major shareholder Heldur Tonisson. Tonisson, who previously held 66 percent of the shares in the media group, retained a stake of over 7 percent in Postimees. The media group publishes the leading daily newspaper Postimees , with a ...

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