MERGER AND DEVISION OF TALLINNA KAUBAMAJA SUBSIDIARIES
TALLINN, 12.03.2013, www.nasdaqomxbaltic.com - With the intention of improving the structure and making the administration of Tallinna Kaubamaja group more transparent, merger and division of its subsidiaries shall take place. AS Tartu Kaubamaja (100% owned by Tallinna Kaubamaja AS) currently includes two businesses, the shoe business and the operating of I.L.U. beauty stores, that in the future shall become directly the subsidiaries of Tallinna Kaubamaja AS
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