Extract from M&A Insights

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Polaris Media acquires stake in Shibsted’s logistics company HHN
March 9, 2018

Polaris Media acquires 34 percent stake in Shibsted's wholly owned Helthjem Netthandel (HHN) for a yet unknown amount. HHN sells solutions for distribution of goods traded online through a network of distribution companies. The new ownership is a part of a joint strategy to become a leading e-commerce logistics player on the Norwegian market. HHN reported a NOK 4.2m operating loss in 2017.

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