OSLO/HELSINKI - Finnish technology firm Tieto has agreed to pay 13.2 billion Norwegian crowns in cash and shares for Norwegian competitor Evry, the two companies announced on Tuesday.
“The foundation of the merger is based on highly complementary businesses in Norway, Finland and Sweden,” the companies said in a joint statement. “The companies estimate that non-recurring implementation costs, anticipated to materialize by 2022 will amount to 120-140 million euros,” they added.
Coolt, 24 000 anställda
deBunQed Where's our cut in this?
I’m from Alberta, Canada 🇨🇦
May I ask?
What’s “tieto,” and what’s “evry”?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: