The real estate investment company INVL Baltic Real Estate plans to pay its shareholders dividends of EUR 0.09 per share for 2023. A vote on the payment of dividends will be held at the annual general meeting of the company’s shareholders on 30 April.
MoreThe shareholders of INVL Technology, a company that invests in IT businesses, will vote on procedures for the acquisition of own shares, the company’s operating results for 2023, and the distribution of profits. The annual general meeting of the company’s shareholders will be held on 30 April.
MoreThe equity and the net asset value of INVL Technology, a company that invests in IT businesses, amounted to EUR 43.53 million at the end of 2023, or EUR 3.6052 per share, and grew 13.7% during the year.
MoreInvalda INVL, the leading asset management group in the Baltics, has decided to sell part of its stake in Šiaulių Bankas (1.95 million shares or 0.29% of the share capital) in order to stay within the 20% threshold as set by the European Central Bank’s decision.
MoreEco Baltia, the largest environmental resource management and recycling company in the Baltics, managed by INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltic States, plans to acquire Eko Osta, Latvia’s leading collection and recycling company for environmentally harmful and hazardous waste. The purchase agreement concluded by the parties, which requires merger authorisation from the Latvian Competition Council, provides for the acquisition of 100% of the shares in Eko Osta.
MoreThe real estate investment company INVL Baltic Real Estate had a consolidated net profit of EUR 0.7 million last year, 83 percent less than in 2022 when the net profit was EUR 4.2 million.
MoreThe board of INVL Baltic Farmland, a company that invests in agricultural land, approved the company’s operating forecasts for 2024, dividend proposal to shareholders, and procedure for purchasing own shares. An annual general meeting of the company’s shareholders on 10 April will vote on approving the board’s proposals.
MoreINVL Technology, a company that invests in IT businesses, has chosen M&A intermediation service provider Corum Group’s Luxembourg-based unit, Corum Group International, to advise and serve as M&A intermediary on the sale of the company’s portfolio of businesses. INVL Technology, which is managed by INVL Asset Management, the leading alternative asset manager in the Baltics, is a closed-end investment company which must exit its investments no later than mid-July 2026 and distribute the money to shareholders.
MoreThe INVL Partner Global Real Estate Fund I which INVL Asset Management, the leading Baltic alternative asset manager, established in January has raised USD 9.13 million from investors. This new open-ended fund for informed investors invests in funds managed by Brookfield Asset Management, one of the world’s largest real estate management companies.
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