Tallinna Kaubamaja Grupp AS (TLSE:TKM1T) agreed to acquire Walde AS on December 23, 2022. The business of Walde AS will continue in its current form, and there will be no changes in the composition of Walde AS's employees in connection with the transaction. The transaction will be completed after receiving the necessary approvals from the contractual partners and carrying out additional actions.

Tallinna Kaubamaja Grupp AS (TLSE:TKM1T) completed the acquisition of Walde AS on February 15, 2023.