Investment funds cash out

  • 2013-01-09
  • From wire reports
TALLINN -  For the first time in the past ten years, a number of Estonian companies will come on sale when investment funds will offer their stakes, reports Aripaev. The stakes in several of Estonia’s well-known companies are on sale as investment funds, which bought shares in them years ago, are now exiting their holdings. For some investment funds, sale of the stakes means getting rid of problems, as they have gotten burnt by the investments, the daily says.Aripaev reviewed companies that belong to three major investment funds that are likely to come on sale. Considering ...
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