Its creator slammed the head of the investment management company for dismantling companies and profiting off short-term gains.
Category: takeover
Operail Finland sale was 12 million euro “gift” to Finnish business
Estonia lost 12,3 million euros with the sale of the Finnish branch of Operail. Last year, it sold Operail Finland, the former name of the subsidiary, to Nurminen Logistics. Estonia sold the subsidiary at a price below its fair value, leading to allegations of a secret sale. As part of the privatisation of Operail, Estonia…