Infortar increased its stake in Tallink

Today, Infortar acquired an additional 26,030,390 shares of Tallink Group, which constitutes 3,5% of all Tallink shares.

"We believe in Tallink as a publicly traded company with a strong financial and market position and low debt burden. Therefore, we have consistently increased our stake over the past few years. Tallink is a crisis-hardened company that is currently showing the best results of recent years. We see this as a long-term, risk-mitigating investment," noted Ain Hanschmidt, Chairman of the Board of Infortar.

After the transaction, Infortar owns 46,8% of Tallink shares.