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Deals & Cases / Paul Künnap, Pekka Puolakka
Sorainen Estonia advised Sanoma Media Finland on divestment of its fully owned subsidiary Sanoma Baltics to a consortium of management team members and a private equity investor BaltCap. Sanoma Baltics operates auto24.ee, the market leader in Estonian online car classifieds, and Kuldne Börs, an online generalist market place, among others. In 2016, the net sales […]
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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 […]
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Deals & Cases / Agris Repšs, Raivo Raudzeps
As early as the beginning of January 2017, the Latvian Trade Union of Education and Science Employees (LIZDA) went public with their claim that liquidation proceedings of the Riga Teacher Training and Educational Management Academy (RPIVA) were not legal. Moreover, LIZDA asked policy makers in education and the parties involved to stop liquidation of the […]
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Sorainen is advising Providence Equity Partners on the acquisition of Swedish media holdings Modern Times Group (MTG) business in the Baltics. The total disclosed value of the acquisition in all three Baltic States is EUR 115 million. Providence Equity Partners is a premier global asset management firm with USD 50 billion in assets under management […]
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News
On 16 March, Sorainen was awarded the title of “Baltic Law Firm of the Year” by The Lawyer – the third time that the Sorainen team has been honoured with this recognition. As Catrin Griffiths, editor of the publication, noted: “this year The Lawyer European Awards focused on and recognised the growing importance of cross-border […]
