Nordic Business Report-August 22, 2006-Done Solutions Corporation acquires Tiolat Oy
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Finnish logistics and information solutions provider Done Solutions Corporation said on Tuesday (22 August) that it had increased its holding in the Finnish healthcare company Tiolat Oy from 57.1% to 100%.
The company acquired the shares from Eyemaker's Finland Oy (19.51%) and from private persons Jukka Lunden (19.51%) and Lauri Soratie (3.83%).
The transaction with Eyemaker's Finland Oy was based on a share swap according to which Done Solutions Corporation offered 6 million new shares for subscription for EUR0.30 per share.
The transactions with Jukka Lunden and Lauri Soratie were completed for cash. The purchase price of Jukka Lunden's shares was EUR1.80m and Lauri Soratie's shares EUR0.35m.
One euro (EUR) is worth approximately 0.68 British pounds (GBP).
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