Finnish antitrust watchdog to probe Elisa’s stake acquisition in Anvia

13 Jan 2015

Following the August 2014 announcement that Finland’s Elisa had made a voluntary offer for shares in local alternative telecoms provider Anvia Corporation, and the subsequent confirmation that it had acquired a 25% stake in the latter by the following October, the country’s competition watchdog Kilpailu-ja kuluttajavirasto (KKV) has revealed that it is to examine the transaction. With the antitrust regulator noting that Anvia plays an important role in telecoms provision in the province of Ostrobothnia, it is understood to be keen to examine whether the deal has any impact on competition. The KKV has said that, depending on its findings, it could approve the deal as is, or add conditions, while it could also prohibit it. It expects the investigation to take up to three months.

Finland, Anvia, Elisa Corporation