Bloomberg has reported that Omada Capital plans to submit an application to buy the assets of Snoras after a deal with another potential buyer was scrapped because it failed to obtain clearance from the central bank.
"We hope to submit our own application within the next three to four weeks," the news agency quoted Peter Hellman, a partner at Omada, as saying.
Snoras' bankruptcy administrator, Neil Cooper, confirmed on Monday that a deal with an unnamed buyer had been terminated due to the investor's failure to obtain approval from the Bank of Lithuania.
However, officials at the central bank told BNS that no potential buyers had applied for permission to purchase Snoras' assets.
Eversus.lt has reported, citing unnamed sources, that a potential investor selected by the committee of Snoras' creditors informed Cooper in early January that it was withdrawing from the process altogether. The news website said that the committee, which was scheduled to hold a meeting on January 24, would have the final say on a new investor in Finasta and Snoras Lizingas.
