Enterprise Investors' fund cleared to acquire Lithuanian credit union Saulėgrąža

The Competition Council has permitted Polish Enterprise Funds SCA EIF IX — a fund managed by Warsaw-based Enterprise Investors, one of the oldest private-equity houses in CEE — to acquire 100% of Saulėgrąžos investicijos and, through it, up to 81.52% of the credit union Saulėgrąža, which is to be converted into a limited-liability company. The notification was filed on 13 July.