Acquisition of Snoro Lizingas is finally closed

On 7 August 2013 Estonia‘s Bank LHV and its partner RAZFin, controlled by the Rakauskas family and Zabolis&Partners, closed the deal on acquisition of Snoro Lizingas, a financial institution providing hire purchase and factoring services.
According to the agreement signed on 17 May 2013, the total value of the deal was 74 million Litas, refinancing of loans of Snoro Lizingas including.
The buyers were advised by GLIMSTEDT Law Firm

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