Bogdan Automobile sells 5% stake to international investor
27 January 2009
Newspaper Delo reported this morning that a 5% stake in Bogdan Automobile Plant (LUAZ) has been sold to NLV Private Equity Investments (UK) by SV Motors. The article says the volume of the transaction could have been about USD 20 mln. According to Delo, Bogdan maintains its long-held plans to conduct an IPO in the future.
