October 15, 2010 - SVEZA company published an invitation to shareholders of AS Latvijas Finieris to sell their shares. Offered purchase price - 10 000 LVL (ten thousand lats) for each ordinary registered share with voting right and 1 000 LVL (one thousand lats) for each registered share with restricted voting right.
The invitation is valid until November 5, 2010 ã. Representative of SVEZA on all questions, related to invitation is legal firm Raidla Lejins & Norcous (telephones: +371 67240689, +371 67240688, + 371 67240687, e-mail: rln@rln.lv )
SVEZA is considering this invitation as an opportunity to merge strong sides of both companies with the purpose of creating a new entity - leader in birch plywood production, with extended product portfolio and sales channels and ability to extract considerable operational synergies for further profitability improvement.