Enlabs, the Baltics-facing operator, has requested arbitration to settle a dispute with other shareholders in Global. The disagreement arises from a failed agreement on redemption. Enlabs made a bid in September to acquire all remaining shares in Global, valuing the business at SEK450m. With a 95.8% stake in Global, Enlabs aims for full control by redeeming the remaining shares. Christian Rasmussen, appointed by Enlabs as a board member in August, is set to become Global’s acting CEO after Tobias Fagerlund steps down. The acquisition has already been approved by the Estonian Competition Authority.
Enlabs Utilizes Arbitration Strategy to Secure Remaining Global Shares Acquisition
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