PropertyEU

Sponda cuts stake in Ovenia to 45% from 70%

By A staff reporter 2008-01-24T00:00:00

UK property investor Sponda said on Thursday it had cut its stake in Finnish property manager Ovenia to 45% from 70%. Sponda said it sold its shares to Ilmarinen's Suomi-rahasto I Ky private equity fund, which is managed by OKO Venture Capital, and to members of Ovenia's management. No financial ...

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