Latvia: Parliament approves merger of public broadcasters in 2025

The Latvian parliament, the Saeima, has approved in final reading amendments to merge the country’s public broadcasters, Latvijas Televizija (LTV) and Latvijas Radio, in 2025, LETA reported. Under the plan, the two companies will merge into a new public broadcasting corporation, Latvijas Sabiedriskais Medijs (LSM). Latvijas Radio’s trade union objected to the plan, arguing that…

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Estonia: Latvian regulator approves Cristella merger with Eesti Pagar

Latvia’s Competition Council has allowed Estonian investment company Dragad to merge into Estonia-based holding Maral Invest, Baltic News Network reports. Following the merger, Dragad will be removed from the commercial register. Dragad’s Estonian subsidiary, Võru-based Cristella VT, produces various bakery products. Maral Invest owns three major bakeries in the Baltic states: Estonia’s Eesti Pagar, Latvia’s…

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