Invalda AB, seeking to increase the value of group’s financial sector, signed an agreement with SEB Enskilda UAB regarding evaluation of financial sector’s strategic alternatives.
According to the president of Invalda Darius Sulnis, the signed agreement involves performing financial sector’s companies’ possibilities study, aiming to distinguish the key streams of the value increase. After completing the study, Invalda will be given recommendations about the sector’s development and optimisation. “We consider all alternatives concerning optimising group’s activity. We decided to execute evaluation of financial sector’s alternatives in order to inspect nowadays situation in companies’ activity, their potential and also to find the best-fitted activity organising model in this period of economic decline,” – states D. Sulnis.
The recommendations of financial consultants could include a wide range of possible actions: companies’ reorganisation, strengthening the capital base, the selling, attracting partial financial investors, the change of activity strategy, etc. Which of them will be proposed to Invalda AB in this period of study yet is not known.