Investments, Lithuania, Markets and Companies, Metals Market

International Internet Magazine. Baltic States news & analytics Thursday, 19.04.2018, 20:33

Invalda sells Umega's shares

Danuta Pavilenene, BC, Vilnius, 13.01.2012.Print version
Invalda, one of the largest investment companies in Lithuania, sells Umega's shares, Invalda reports to NASDAQ OMX Vilnius.

Invalda sold 29.5% of shares of the metal processing company Umega, writes LETA/ELTA.

According to the report, shares were sold to other shareholders of Umega.

The sale of Umega shares will not affect the stand-alone financial statements of Invalda for the first quarter of 2012. The transaction should have a preliminary positive effect of approximately two million litas in the consolidated statements.

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