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Kalle Norberg: investors behind purchase of Diena will remain a secret for a few months
Juhan Tere, BC, Tallinn, 09.07.2009.
Print version
Print versionKalle Norberg, the head of the enterprise that financed the purchase of Diena, stated that the names of investors who financed the purchase of Diena cannot be made public as the registration of the fund created for financing the newspaper is still unfinished, writes EPL Online/LETA.
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“A semi-closed fund has been created for purchasing these newspapers, because Bonnier demanded it,” said Norberg. He explained that Bonnier wanted to hurry with the sale and the investors were unable to register the fund – hence the investors in Diena are still customers of LFS and they are protected by banking secret.
Norberg said that the registration of the fund might take a few more months.
“As it is a semi-closed fund, we will have to disclose the names of ten major investors,” said Norberg, assuring that the investors will not be kept secret forever.
Luxembourg Financial Services (LFS), led by Kalle Norberg financed the purchase of Diena and Diena Bizness by a Latvian enterprise.
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