Last update: 07.07.2024 20:04 (GMT+3)

XXL.EE: Acquisition of newspaper "KesKus"

27.10.2000, XXL.EE, TLN
XXL.EE
ANNOUNCEMENT

ACQUISITION OF NEWSPAPER "KESKUS"

On 25.oktoobril 2000 AS Linnaportaal (51% owned by Suomen Infopiste
OY and 49% by AS XXL.EE) bought the activities and trademark of
newspaper "KesKus" ("Center") from AS Dotcom Invest. Established in
1995, the newspaper "KesKus" is a leading Estonian free-of-charge
distributed newspaper. The newspaper's circulation averages at
50,000, and it has about 200,000 readers.
AS Linnaportaal manages Tallinn's central internet portal
AKTIVIST.EE. Through acquisition of newspaper the company realized a
part of its international multiplex media strategy, whereby the
company publishes information on internet portal, WAP-portal and
print media. Similar strategy is used in all 15 countries in the
Baltic region, where Suomen Infopiste OY operates the Aktivist
portals.


Arho Anttila - arho@xxl.ee
general manager
+372 65 07 500

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