We are advising ME Investicija on the sale of Viena sąskaita, the largest bill payment platform in Lithuania. The Estonia-based investment company Aktiva Finants has acquired 100% of the company shares. The deal is expected to be closed by the end of 2021, following approvals from Lithuanian regulatory institutions. ME Investicija is an investment company, […]
We are advising Nuvei, Canada-based payment technology company, on acquiring Simplex, a fintech startup providing fiat infrastructure to the cryptocurrency industry. The total value of the transaction is USD 250 million, and it is expected to be closed in the second half of 2021. Simplifying buying, selling and converting cryptocurrency Simplex delivers the infrastructure for users […]
We advised the Council of Europe Development Bank (CEB), the oldest European multilateral development bank with an exclusively social mandate, on providing funding to Kauno autobusai to purchase 100 new solo hybrid buses. High social and ecological impact of the project The project is expected to have a significant social impact by making public transport […]
We collaborated with members of the Association of Lithuanian Banks, the Financial Crime Investigation Service and the Bank of Lithuania in preparing Guidelines on Customer Due Diligence. The purpose of the guidelines is to harmonize the processes of preventive action by market participants while achieving clarity and simplicity for users of financial services. First such […]
We assisted Bitė Group, controlled by international asset management company Providence Equity Partners, as Lithuanian, Latvian and Estonian law counsel in a refinancing transaction. Total disclosed value of the transaction is EUR 700 million. Largest bond issue by a private Baltic company to date The transaction covers two parts: A bond issue by PLT VII […]
