Telecommunications company Elisa to buy the Estonian cable tv operator AS Starmanin the entire stock of two investment companies.

Polaris Invest and Com Holding -investment companies with a transaction price is € 151 million.

Trade has no effect on elisa's ability to pay dividends and profit distribution policy, the company says.

Starmanin the Estonian business ' revenue last year was eur 37 million and ebitda of eur 18 million.

Starmanin Lithuanian business are not included in the transaction.

the Transaction is subject to Estonian competition authority approval and other customary transaction-related implementation conditions.

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