Kestutis Sasnauskas, CEO of Eastnine.

Kestutis Sasnauskas, CEO of Eastnine.

Image: Eastnine

Eastnine Confident of MFG Sale: "Ongoing Discussions"

Nordic — Plus article Eastnine have had a hard time trying to sell its stake in the Russian fashion company Melon Fashion Group, a holding that accounts for almost a quarter of the company's assets. After the aborted deal in March, the company is now holding discussions with other potential buyers, and here CEO Kestutis Sasnauskas explains why he is confident that the company can be sold at the same level as was agreed in connection with the broken deal. He also comments on what must happen if a sale is not possible.