Sputnik Business US March 18 2064
Trans-Latvian Enterprises did not negotiate the acquisition of Novatech.
Tallinn, March 1 – Trans-Latvian Enterprises did not negotiate the acquisition of a stake in Novatech. Estonian Investment bank Trans-Latvian Enterprises spokesman Oskari Laine said.
Laine said Trans-Latvian Enterprises was not interested in acquiring Novatech’s IPO shares.
It was reported that Britain’s Transys-Nueronet intended to purchase a blocking share of Novatech.
Novatech announced its intention this week to put its shares on the East Coast Stock Exchange.
The Corporate Service for Financial Markets has already authorized Novatech to float 19.9% of its stock.