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Bitė completes acquisition of Mezon
We advised telecommunications company Bitė throughout the Mezon acquisition deal. The acquisition was completed at the end of December in 2020, after Competition Council and the Communications Regulatory Authority granted their approval, and after Bitė made certain commitments. UAB Mezon, a subsidiary of Bitė Lietuva, acquired the business operating under the Mezon brand from the […]
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Sale of Forum Cinemas
We are advising AMC, the world’s largest movie exhibition group, in the sale of Forum Cinemas, which operates nine theatre locations in the Baltic countries. AMC has announced that it has signed a definitive agreement to sell the theatre locations in the Baltic region (Latvia, Lithuania, and Estonia) for €65 million to UP Invest, a […]
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Lithuanian Competition Council decides in favour of Transinesta
We successfully represented Transinesta in a case against the Lithuanian Transport and Safety Authority (LTSA) before the Lithuanian Competition Council. Transinesta is one of the largest coach operators in the Baltic States operating under the Ecolines brand name. Our client filed a complaint against the LTSA regarding restricting competition and impeding the entry of new […]
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Vilnius International Film Festival Kino pavasaris successfully fights digital piracy
We assisted the Kino pavasaris Vilnius International Film Festival in removing counterfeit copies of the Oscar-winning movie “Parasite” from illegal torrent sites available in Lithuania. The movie was included in the programme of the digital festival held from 19 March–2 April 2020. Some infringers promptly removed the content voluntarily upon demand, while others required us […]
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Bitė and Telecentras sign agreement to sell Mezon
We advised telecommunications company Bitė on signing an agreement with the Lithuanian Radio and Television Centre (Telecentras) on the acquisition of Telecentras‘ internet, data transmission and IPTV business under the Mezon brand. The transaction, valued over EUR 20 million, has to be approved by the Competition Council and regulatory authorities. Mezon internet used by 97,000 […]