ffshore buying up Snaige stockThe Luxembourg-based DCF Fund owned 10.02 percent of shares in Snaige, the leading producer of household refrigerators in the Baltics, as of June 19, the National Stock Exchange of Lithuania announced. The NSEL said it received notification about acquisition of the block on July 3.Investors' interest in Snaige, listed on the blue chip Official List of the NSEL, has been fuelled by the company's solid results and ambitious expansion plans. Snaige reported preliminary sales of 131.5 million litas (38.1 million euros) for the first half of 2003, a 10.7 percent inc...
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