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    July 1, 2023October 1, 2025
  • Baltic: Estonia ranks highest on Global Innovation Index in 2025

    October 7, 2025
  • Lithuania: Coalition MPs propose recognising Palestine

    October 7, 2025
  • Latvia: Riga link part of Rail Baltica’s second phase: CEO

    October 7, 2025
  • Estonia: Annual inflation 5.2% in September 2025: statistics

    October 7, 2025
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    October 6, 2025October 7, 2025
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Avaron Investments

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Baltic: Blackstone plans to sell Luminor Bank in 2024: report

Via BalticaJanuary 24, 2024January 24, 202401 mins mins

US investment company Blackstone plans to sell Baltic-based Luminor Bank, according to Bloomberg, LETA reports. Blackstone expects to sell the bank for around EUR 1.9bn and to conclude the deal in 2024. Peter Priisalm, head of Avaron Investments, suggested that one potential buyer could be Polish insurance group PZU, while Valeria Kiisk, partner at Redgate…

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