Kaleva Media completed the merger of its media assets with Ikka's media assets.

Kaleva Media, a Finnish media company, completed the merger of its media assets with Ikka's, a media and publishing company, media assets. Financial terms were not disclosed. "The merger of Ilkka’s and Kaleva Media’s media businesses creates a significant player in the Finnish news media landscape. This was a highly strategic transaction for us, and its structure required special attention and expertise. We want to thank Clearwater for the excellent cooperation – your solid expertise was of great help throughout the process," Olli Pirhonen, Ilkka Oyj CEO.