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VS&A Communications Partners III. (News in Brief).


VS&A Communications Partners III (New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
), the private equity affiliate of Veronis Suhler Stevenson, has partnered with investment firm 3i plc (London London, city, Canada
London, city (1991 pop. 303,165), SE Ont., Canada, on the Thames River. The site was chosen in 1792 by Governor Simcoe to be the capital of Upper Canada, but York was made capital instead. London was settled in 1826.
) to acquire all the assets of Fonecta Group (Helsinki Helsinki (hĕl`sĭngkē), Swed. Helsingfors, city (1998 pop. 546,317), capital of Finland, located in Southern Finland prov., S Finland, on the Gulf of Finland. , Fin.), a company that offers electronic and directory assistance services, as well as printed telephone directories. The company has operations in Finland Finland, Finnish Suomi (swô`mē), officially Republic of Finland, republic (2005 est. pop. 5,223,000), 130,119 sq mi (337,009 sq km), N Europe.  and France and plans to expand across Europe to both corporate customers and consumers. Under terms of the deal, VS&A acquires a 28% stake in the company with 3i owning the remaining 72%.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:acquisition
Comment:VS&A Communications Partners III. (News in Brief).(acquisition)(Brief Article)
Publication:Business Publisher
Article Type:Brief Article
Geographic Code:1USA
Date:May 17, 2002
Words:88
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