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Hedge fund moves into consumer electronics
TALLINN - GILD Arbitrage, the only multi-strategy hedge fund in the Baltics, has bought a minority stake in the Estonian electronics chain Enter for 2 million euros. Enter’s management says that the additional funding will enable Enter to continue expanding and growing sales in the Baltics. The investment is a sign that it is not all bad news in the Estonian economy, as GILD is still prepared to invest despite the rising price of borrowing. “We choose to invest in strong companies that manag ...| The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please log on using the form on the top of the page. If you don't have a membership yet - please subscribe. |
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