A Lithuanian E-commerce company including the brand names Furniture1 and Baldai1 has announced that it is purchasing My Home, which is a Danish chain of furniture stores that has been [..]
Lufthansa to take minority stake in Italy’s ITA Airways on January 13
Frankfurt (dpa) – German aviation giant Lufthansa Group is set to take a stake in Italian state-owned airline ITA on January 13 following years of negotiations over a deal, dpa [..]
Frontu, a Lithuanian startup which is developing a field service management (FSM) platform, has been sold by its founders to Everfield. That is a European technology holding company that was [..]
Kesko Senukai Lithuania sets sights on PayRay Bank
ERA Family Finance is owned by the president of Keso Senukai Lithuania, Arturas Rakauskas. The DIY store chain is seeking to take over the PayRay Bank, which has faced sanctions [..]
Financial Times: TPG in talks to buy stake in Lithuania’s Vinted
TPG, a US private equity group, is in talks to acquire a stake in Vinted, a Lithunian online peer-to-peer platform second-hand fashion platform, valuing the whole company 5 billion euros, [..]
Lithuania’s Civinity buys 10 pct stake in Latvia’s Mobilly
Civinity, a Lithuanian building maintenance and engineering solutions groups, has acquired a 9.99 percent stake in Mobilly, a Latvian mobile payments company, from its existing shareholders for an undisclosed value. [..]
Lithuania’s Verslo Zinios sells job ad website cv.lt
Lithuania’s media company Verslo Zinios has sold its job ad website cv.lt to CV Keskus, an Estonian company that is part of the Swiss media group Ringier, Verslo Zinios said [..]
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