The transaction value is about 3.5 million euros, and the organization itself is valued at more than 7 million euros. This investment is directly related to ambitions to operate the arena of the national stadium under construction.
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UAB „Civinity“ is one of the largest building maintenance and engineering solutions groups in the Baltic States.
Negotiations have reached the final stage, and once the agreement is formalized, this group of companies should control 51% of the “Rytas” shares.
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According to BasketNews sources, the transaction value may be about 3.5 million euros.
The club organization itself is valued at just over 7 million euros.
