Nordic Business Report-March 28, 2006-Elisa Corporation's holding in Saunalahti Group reaches 100%
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish telecomms group Elisa Corporation said on Tuesday (28 March) that its ownership in the Finnish Internet and telecommunications services company Saunalahti Group Oyj has now reached 100%.
As a result public quotation of Saunalahti's shares would be terminated.
Elisa had submitted a demand for redemption at a price of EUR2.29 per share. Some 3.83 million shares subject to redemption were outstanding.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
((Comments on this story may be sent to [email protected]))