Sorainen advised Ringier Axel Springer Media AG on the local law aspects of its acquisition of 100% of the shares in CV Keskus, operator of leading job classified sites cvkeskus.ee in Estonia, cvmarket.lv in Latvia and cvmarket.lt in Lithuania. Established in Estonia in 2000, CV Keskus expanded to Latvia and Lithuania in 2004. CV Keskus has been […]
Sorainen Estonia is advising Nettbuss, Norway’s leading bus operator, on acquisition of 15% of Estonian technology company T solutions. According to Andres Osula, Chairman of the Supervisory Board of T solutions, the Norwegians will become strategic investors in the company. He adds that even though T solutions is currently able to serve its customers and […]
AMC Theatres (AMC Entertainment Holdings) (‘AMC’) has entered into a definitive agreement to acquire the largest theatre exhibitor in seven countries in the affluent northern region of Europe, Nordic Cinema Group Holding (‘Nordic’). Nordic operates 68 theatres and has a substantial minority interest (approximately a 50% ownership) in another 50 associated theatres to which Nordic […]
Sorainen Estonia advised the shareholders of Samat bus company on the sale of a majority shareholding to competitor Hansabuss. Founded by Estonian investors in 1991 and employing over 80 people, Samat services bus lines mainly in Northern Estonia and also offers other services related to bus operation. Samat’s forecast turnover for 2016 is approx EUR […]
Sorainen advised Lords LB Baltic Fund IV in the acquisition of an office building in central Tallinn known as EU House. The transaction posed some unique challenges due to the fact that the property is structured as a building title and parts of the building remained under reconstruction during the transaction. Additionally, the transaction involved […]