The merger between Šiaulių bankas and INVL has successfully closed, solidifying a powerful alliance
The largest Lithuanian capital bank has seamlessly integrated its retail business with INVL, the leading investment management and life insurance group in the Baltics. With the completion of this merger, Šiaulių bankas has expanded its service portfolio to include pension and investment fund management, elevating its offerings to a new level. Moreover, the life insurance services of Šiaulių bankas will now encompass a broader scope and geography. Invalda has emerged from this deal with a significant 9.39% share capital in Šiaulių bankas.
Led by managing partner Dovilė Burgienė, partner Laurynas Narvydas, and associate partner Artūras Grimaila, the WALLESS team, comprised of over 20 professionals from different law practice areas, showcased their expertise and dedication, helping turn this merger into a reality. A special thanks to our client, Šiaulių bankas, for their trust.
Kudos to a new chapter for Šiaulių Bankas and INVL!
Dovilė BurgienėManaging Partner of Lithuania | Attorney at Law
Artūras GrimailaAssociate Partner | Attorney at Law