For media
10/04/2014
Privato aktivu parvalde sells its investment in Securitas Latvia
Securitas AB, the world leader in security and security services and a partner of Privato aktivu parvalde (PAP) in joint security company Securitas Latvia, has made an offer to purchase all the PAP-controlled shares in the PPAP, in amount of 35 %.
PAP has considered the offer of Securitas AB, recognizing it as competitive and has decided to sell all 35 % of its shares, held via its subsidiary INPO 14. The sale was concluded on April 10, 2014.
PAP is pleased with the result of the deal, wishing success to Securitas AB in future activities in Latvia.
–Privāto aktīvu pārvalde