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On 31 October 2017, Tax Foundation published its International Tax Competitiveness Index, and Estonia, for the fourth year in a row, holds firm to its top spot in the rankings, writes taxlinked.net. Estonia ranks highly as a result of the following factors: 1) “it has a 20% tax rate on corporate income that is only applied […]
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Sorainen recommends that the former minority shareholders of Eesti Telekom send an application for compensation to the representatives of Telia Company AB (hereinafter Telia), because it may still take some time to reach a final resolution in the court proceedings. The court dispute between Telia and the former minority shareholders of Eesti Telekom regarding the […]
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On 4 October, the winners of the Baltic M&A and Private Equity Awards were announced as part of the Baltic M&A and Private Equity Forum. The most prominent deals of the year were awarded in three categories. Baltic M&A deal of the year 2017 – Nordea and DNB transaction of combination of operations in the […]
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“Consolidation in the Baltics is unavoidable”, says Þygintas Maèënas, co-founder and Managing Partner of SUMMA Advisers. “Saturated markets, limited organic growth prospects, the growing importance of cost-effectiveness and globalization pressure are the main trends behind the decreasing number of new market entrants and why consolidation is becoming the new norm”. According to Þygintas Maèënas, we […]
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“Are Baltic companies too small ever to be sold?” asked Þygimantas Mauricas, Chief Economist at Luminor. “It seems the Baltic tiger is sleeping and some might even call it a Baltic kitty. But if you look at the data, Baltic companies are not too small to be sold.” The top economist showed some illustrative data […]
