Otava to acquire the remaining 70% stake in Alma Media for $565m.

Otava, a media company, offered to acquire the remaining 70% stake in Alma Media, a media and digital service business company, for $565m. The Tender Offer is made in accordance with the terms and conditions of a tender offer document approved by the Finnish Financial Supervisory Authority, which was published by Otava on 29 June 2023.