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Article: Swedish educational companies Anew Learning AB and AcadeMedia AB plan merger.
- Article from:
- Nordic Business Report
- Article date:
- August 7, 2008
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NORDIC BUSINESS REPORT-7 August 2008-Swedish educational companies Anew Learning AB and AcadeMedia AB plan merger(C)1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
Swedish investor Bure Equity AB (OMX Stockholm: BURE) announced on Thursday (7 August) that it has signed a letter of intent to merge its subsidiary Anew Learning AB with AcadeMedia AB (OMX Stockholm: ACAD B) to form Sweden's largest educational company.
Bure Equity currently holds 49.8% of the votes and 38.3% of the share capital in AcadeMedia.
The proposed merger is planned to be effected through AcadeMedia's acquisition of all shares in Anew Learning in a SEK818m deal.
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