Latvia Closes airBaltic Equity Deal With German Investor
2016-02-09Reading Time: < 1 minute The Latvian government has signed a formal agreement with Ralf-Dieter Montag-Girmes wherein the German investor will acquire a 20% stake in airBaltic (BT, Riga) for EUR52 million (USD57 million). Under the terms of the deal, approved by Riga late last year, government will inject an additional EUR80 million (USD88 million) into airBaltic to be used […]