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EIB and CEB finance EUR 110 million to deploy up to 160 zero-emission buses in Vilnius
We advised the European Investment Bank (EIB) and the Council of Europe Development Bank (CEB) on a EUR 110 million financing to deploy up to 160 new zero-emission buses and related charging infrastructure. Both banks are providing a EUR 55 million loan to Vilniaus Viešasis Transportas (VVT) – the city’s public transport operator – for […]
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SigmaRoc acquires Lithuanian dolomite producer Dolomitas
We advised SigmaRoc PLC, a London-listed European lime and minerals group, on its acquisition of 100% of the shares in AB Dolomitas for EUR 110 million on a debt-free and cash-free basis, plus a further EUR 8 million for certain non-core assets. The consideration comprises EUR 90 million in cash and EUR 20 million in […]
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InMedica to acquire Navicko Klinika in Klaipėda
We are advising UAB Navicko Klinika on the sale of 100% of its shares to medical clinic network InMedica which is owned by Finnish social and healthcare services provider Mehiläinen. The transaction is subject to clearance by the Lithuanian Competition Council. InMedica and its affiliated companies provide healthcare, dental and medical laboratory testing services in […]
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Financing agreements signed for the Rūdninkai military base project
We advised the European Investment Bank (EIB), SEB bank and Swedbank, which jointly provided EUR 369 million in loans to Merko Statyba, the developer of the second phase of the Rūdninkai military base. The financing covers two parts of the project: for one part, the EIB and SEB each provided EUR 86 million (EUR 172 million in total); for the other, the EIB […]
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YIT Lietuva sells Sky Office business centre
We advised YIT Lietuva on the sale of Sky Office, a business centre in Vilnius. The building was acquired by the investment and asset management group Evernord, which established its 10th fund, Evernord Real Estate Fund VII. YIT Lietuva became a strategic partner of the fund and is investing alongside Evernord investors. Sky Office is […]