Provider: Wright Reports
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Invalda AB to Possibly Decrease Stake Held in Vilniaus Baldai AB from 72.14% to 39.35%
Vilniaus Baldai AB announced that its main shareholder Invalda AB, holding a 72.14% stake in Vilniaus Baldai AB, has announced its split off terms, according to which a 32.79% stake of Vilniaus Baldai AB will be allocated to the split off company Invalda privatus kapitalas AB and, accordingly, the current holding of Invalda AB in Vilniaus Baldai AB will be reduced to a 39.35% stake. The split off terms still need to be approved by the General Meeting of Shareholders of Invalda AB.
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