Nordic Business Report-May 11, 2006-Tele5 Voice Services AB completes acquisition of Levonline AB
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
The Swedish virtual data and telephony subscription services provider Tele5 Voice Services AB said on Thursday (11 May) that it has completed its acquisition of Swedish web hotel operator Levonline AB.
The deal was based on a letter of intent announced on 2 May.
Levonline has 11 employees and reported a first quarter turnover of SEK5.18m.
The purchase price was not disclosed.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
((Comments on this story may be sent to [email protected]))
