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We advised Salling Group, Denmark’s largest retail group, throughout its EUR 1.3 billion acquisition of the Rimi Baltic retail chain in Lithuania, Latvia, and Estonia. The acquisition was announced on 5 March 2025 and completed on 2 June 2025 after receiving the clearance from the European Commission and the FDI clearance in Lithuania. This is […]
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The International Centre for Settlement of Investment Disputes (ICSID) Tribunal has ruled in favour of one of Estonia’s largest glass and aluminium facade manufacturers, Windoor, in its dispute against the Republic of Kazakhstan. Kazakhstan violated the obligation of fair and equitable treatment The Tribunal determined that Kazakhstan’s refusal to enforce the SCC Awards, the invalidation […]
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UAB Sostinės bokštai, the developer of the Hero business centre has launched the offering of the sixth tranche of its bonds issue, marking another key milestone in the project’s financing strategy. This issuance aims to raise additional capital to support the completion of construction and the continued development of the business centre. Through the first […]
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Sorainen successfully represented Nasdaq CSD SE, the defendant in litigation initiated by AS Grindeks. Grindeks was seeking a court order to recover funds from Nasdaq CSD that had been accrued for shareholder dividend payments. About the case In 2020, Grindeks shareholders resolved to delist the company’s shares from the regulated market – the Nasdaq Riga […]
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We advised Alchemy, a leading global Web3 development platform, on the acquisition of DexterLab, an infrastructure developer specialising in solutions built on the Solana blockchain. DexterLab focuses on developing analytics and tooling that help decentralised application developers work more efficiently within the Solana ecosystem. The acquisition will enable Alchemy to further expand its services for […]
