The Norwegian Competition Authorities have approved the transaction and the sale of Intelecom has now been completed.
Norvestor V, L.P. makes its first exit when Intelecom Holding sells its subsidiary Intelecom Group to Opplysningen 1881
Opplysningen 1881 AS, through its wholly owned subsidiary Carrot Communications AS, has entered into a Sale and Purchase Agreement with Intelecom Holding AS (the acquisition vehicle) for the acquisition of all shares in Intelecom Group AS ("Intelecom").
eTRAVELi also records its best-ever earnings
The success story continues for travel agency group eTRAVELi. With sharply increased profitability and an EBITDA of €4.6 million for the first half of 2009, the company continues its success story. Its latest triumph is the acquisition of the Gotogate.no and Flybillet.dk brand. The purchases will further secure the company's position as a market leader within online travel.