Latvian Government to Invest Another 14 Million Euros in Air Baltic
4 Articles
4 Articles
Following the Lufthansa Group's promise to invest 14 million euros in Air Baltic as a strategic investor before the company's possible IPO, the Latvian government decided to invest the same amount in the company under the same conditions.
Latvia's government strengthens its position at Air Baltic through a million-dollar investment. The capital injection takes place at the same time as the Lufthansa Group's entry into the market.
MADRID, 20 (EUROPA PRESS) The Government of Latvia has approved a co-investment of 14 million euros in airBaltic to improve its financial position in view of a possible exit to the Stock Exchange, which joins the investment of the same amount already announced by Lufthansa Group, according to a statement.The airline has [...] The entry The Latvian Government approves a co-investment of 14 million in airBaltic for a possible exit to the Stock Exc…
Postponing the national airline's IPO for the third year, the Latvian government is preparing a new investment injection for the company.
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