“The bankruptcy administrator is now fine-tuning the details of the sale, which, as well as the identity of the buyer, we will only be able to disclose after the signing of the purchase and sale deal,” Aurelija Mažintienė, the chairwoman of the committee, said in a press release.
As rumored in the market, Estonia’s financial asset management and investment banking company Redgate Capital might be interested in the Lithuanian consumer finance company and the sale price might reach around 5 million litas (EUR 1.45m).
Snoro Lizingas posted 4.3 million litas in unaudited net profit for 2012, up 35 times from 124,000 litas in 2011.
