Baltic Data Center Together with Omnitel Will Be Merged Into Teo

On 9 June 2016, the Boards of TEO LT, AB and its subsidiaries – AB Omnitel and AB Baltic Data Center – approved the Terms of Merger of TEO LT, AB (hereinafter – TEO), AB Omnitel (hereinafter – OMNITEL) and AB Baltic Data Center (hereinafter – BDC).

Based on the Terms of Merger, TEO, OMNITEL and BDC undergo merger pursuant to Part 3 of Article 2.97 of the Civil Code of the Republic of Lithuania by the way of merger of OMNITEL, which after the merger shall terminate its activities as a legal entity, and BDC, which after the merger shall terminate its activities as a legal entity, into TEO, which after the merger shall continue activities engaged by TEO, OMNITEL and BDC.

Terms of merger of TEO LT, AB, AB Omnitel and AB Baltic Data Center

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