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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 […]
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Sorainen Lithuania advised Gasum, a Finnish energy company, on sale of the shares of GET Baltic. The shares were acquired by Amber Grid, a Lithuanian gas transmission system operator. The transaction was closed by the end of 2016. The energy company Gasum is a Finnish gas sector (natural gas, LNG and biogas) expert that is […]
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Deals & Cases
Sorainen Estonia advised Silmäasema, the Finnish chain of opticians, on its acquisition of a 100% share in Tallinna Optika, the Estonian chain of opticians, from its founder Kalev Klais. With over 40 years of experience, Silmäasema is a leading provider of vision correction and eye care services in Finland. Pasi Kohmo, the company’s CEO, said […]
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Sorainen is acting as lead legal counsel for the shareholders of Palink, the operator of the IKI retail chain, on the sale of 100% of Palink shares to Rimi Baltic. With a total transaction value of EUR 213 million, this is the largest M&A transaction in Lithuania this year. The acquisition of IKI means that […]
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Sorainen Latvia has assisted Dasos Timberland Fund ll, a private equity fund investing in sustainable timberland in Europe and developing markets, to acquire 100% shares in a real estate company owning a number of forest properties in Latvia. Sorainen has performed the legal due diligence and assisted the client in the share acquisition process by […]