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Invalda INVL — M&A Activity 2013
Jul 29, 2013
2247_rns_2013-07-29_04c63266-4f67-4d4e-9217-4222e3756ad5.html
M&A Activity
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Invalda LT, AB will acquire shares in Vilniaus baldai, AB for the total amount of LTL 12 million
Invalda LT, AB will acquire shares in Vilniaus baldai, AB for the total amount of LTL 12 million
Vilnius, Lithuania, 2013-07-29 15:54 CEST (GLOBE NEWSWIRE) -- One of the
largest Lithuanian investment companies Invalda LT, AB will acquire shares in
Vilniaus baldai, AB provided during the official tender offer for the total
amount of EUR 3.496 million (LTL 12.07 million ). The settlement of the shares
will take place on August 1, 2013.
The implementation period of the tender offer to buy up shares in Vilniaus
baldai, AB ended on July 29, 2013. 540 813 shares (13.9 per cent) with par
value of LTL 4 were provided to the acquiring persons. According to the tender
offer circular, Invalda LT, AB will acquire 235 093 (6 per cent) shares, for
EUR 14.869 (LTL 51.34) each.
The person authorized to provide additional information:
Darius Sulnis
President
Tel. +370 5279 0601
E-mail: [email protected]