Nordic search engine company Eniro AB (STO:ENRO) announced on Friday that it has decided not to complete the transaction for the acquisition of Idium AS in Norway.
Eniro Norway AS had signed a share purchase agreement to acquire Idium AS.
Eniro signed an agreement to buy Idium in July as part of a strategy designed to strengthen its offerings in the products revenue segment and boost its Norwegian operations.
Idium operates in a wide range sectors in the digital advertising field, offering search engine optimisation, video, website production, as well as advertising on Google and Microsoft Bing.
Search company Eniro Norge AS (STO:ENRO) announced on Wednesday that it is acquiring Idium
, a media agency with a broad range of business in digital advertising and offers search engine optimization, video and website production.
specialises in digital advertising and offers search engine optimisation, video and website production and keyword advertising on Google and Microsoft Bing.
Swedish search company Eniro AB (STO:ENRO) said its unit Eniro Norge AS had agreed to buy Norwegian media agency Idium
for SEK35m (USD5m/EUR4m).
M2 EQUITYBITES-July 2, 2014-Eniro to buy Norwegian media agency Idium