We advised entertainment business group Seven Entertainment and its shareholders in negotiations on the sale of its multi-purpose arenas, ticket distribution, advertising services and event organization business to DG21, which is controlled by G. Žiemelis. The transaction will be completed after clearance by the Competition Council.
The Seven Entertainment Group includes companies owning and managing the Siemens Arena in Vilnius and operating the Cido Arena in Panevėžys, as well as the ticket distribution company Tiketa and the event organisation company Seven Live.
Our services and project team
Partner Algirdas Pekšys and senior associate Jonas Kiauleikis advised and represented the client in negotiations on concluding the transaction, drafted the transaction documentation and advised on other transaction-related matters.