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Sorainen shares expertise on FDI and merger control matters with international guides
We assisted LexisNexis, a leading global provider of legal, regulatory and business information and analytics, with compiling a detailed analysis and overview of FDI and merger control regulations in the Baltics for their 2021 guide. Comprehensive and up to date As the EU FDI Screening Regulation entered into force last autumn, content regarding foreign direct […]
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Baltic M&A deals market shows record activity
In Q1 of 2021, the Baltic mergers and acquisitions (M&A) market shattered the record for the number of deals in a quarter, formerly held by Q1 of 2018. The value of announced deals in Estonia, Latvia and Lithuania set another record, totalling EUR 925 million according to the Mergermarket’s “Global & Regional M&A Report 1Q21”. […]
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Commercial transport solutions provider Eurowag invests in Drivitty
Our team working as local counsel with Allen & Overy as lead counsel advised Eurowag on investing in Lithuania-based startup Drivitty – a provider of mobile payments, real-time refuelling management, and other solutions in the refuelling sector. Eurowag – a leading provider of commercial transport solutions in Europe – acquired a minority stake (20%) in […]
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Court rules that Kesko Senukai must pay over EUR 540,000 to W. P. Carey fund’s company
Our team successfully represented a company in Lithuania owned by the W. P. Carey fund in a legal dispute with Kesko Senukai Lithuania. Kaunas Regional Court found that the DIY company Kesko Senukai Lithuania had wrongly failed to pay rent for a logistics centre in Kaunas district to W. P. Carey fund’s company. The court […]
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2GIS invests in RocketData platform
We advised Data Delivery, the Belarusian developer of a platform for managing the online status and business reputation of RocketData.io, in connection with share acquisitions and further investment in the company by the mapping service 2GIS, which is part of the Sber group. During the first stage of the transaction, 2GIS acquired a 47% share […]