Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit Completed
Bonava is a residential development company in Northern Europe.
Exit Completed: company sold its business/assets or its part of the business to a local partner and leaved the market
Exited Exit CompletedBonava to Divest Russian Business in RUB3.3 Billion Deal. Swedish developer Bonava after the failure of the deal with the Kazan G-Group found a new buyer for its Russian business. Now to acquire the assets of a company that built housing in St. Petersburg for 3.3 billion rubles. intends its competitor in the local market - the RBI group of Eduard Tiktinsky. This is 1.6 billion rubles. less than the previous bidder was willing to pay.
Close operations in Russia. Bonava was going to sell its Russian "daughters" for 98 million euros to G-Group (Russian developer of commercial and residential real estate). Intended buyer G-Group has not received the required approvals from Russian authorities and the company started the process of liquidation writing down €98m Russian business operations. Bonava after the failure of the deal with the Kazan G-Group found a new buyer for its Russian business - the RBI group of Eduard Tiktinsky. 11.2023: The entry about the founder of BONAVA AB (PUBL) was removed from the Unified State Register of Legal Entities. STAR DEVELOPMENT LLC (Armenia) becomes the new founder of the organization.