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Deals & Cases / Jonas Kiauleikis, Sergej Butov, Tomas Kontautas, Dr Daivis Švirinas, Mantas Petkevičius, Indrė Pelėdaitė, Aliaksei Vashkevich, Aurelija Daubaraitė, Jurgita Tekorienė, Sidas Sokolovas, Linas Petronaitis, Auridas Litvinas, Barbora Bernatonytė, Aušra Kunčiuvienė, Izabelė Petrikaitė, Danas Šniutė, Raminta Matulytė, Simonas Šlitas, Andis Burkevics, Renāte Purvinska, Santa Rubīna, Agneta Rumpa, Annija Straupe, Kristers Pētersons, Kätlin Krisak, Lauri Liivat, Piret Lappert, Pirkko-Liis Harkmaa, Liisa Maria Kuuskmaa, Oliver Ämarik, Kevin Piho, Karl Oskar Pungas
We advised the Norwegian non-life insurance company Gjensidige Forsikring on signing a sale agreement for its business in the Baltics with Ergo International, the company that manages Ergo’s international business portfolio. Deal value – EUR 80 million. The transaction will be completed upon receiving approvals from the authorities, including the Lithuanian, Latvian and Estonian competition […]
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We assisted the INVL Baltic Sea Growth Fund in completing the acquisition of Nemunas, one of the most modern treatment centres in Birštonas; and Eglės Sanatorija – one of the largest spa and treatment centres in the Baltics. The transactions were closed following regulatory approval from the Lithuanian Competition Council. Nerijus Drobavičius, a partner at […]
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We assisted Invalda INVL, the leading investment management and life insurance group in the Baltic region, in signing an agreement with Šiaulių bankas, the largest bank with Lithuanian capital, to merge their retail businesses. The equity value of the deal value – EUR 40.2 million. After the closing of the transaction, the Šiaulių Bankas group, […]
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Yesterday, the Supreme Administrative Court of Lithuania ruled in favour of our client UAB Mezon in a dispute over the transfer of frequencies together with the acquired Mezon business. In 2020, after Bitė Grup company UAB Mezon acquired the business operating under Mezon brand from LRTC (deal value – EUR 30 million), Telia appealed against […]
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We successfully represented basketball club Žalgiris in a case against the Lithuanian Competition Council before Vilnius Regional Administrative Court. The Competition Council fined the Lithuanian Basketball League and 10 of its clubs for an alleged anti-competitive agreement according to which they allegedly decided not to pay salaries or other compensation to their basketball players for […]