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SORAINEN assisted the management of Markit Holding in a management buyout from an investor holding a minority stake. The transaction was financed through a complex mezzanine structure. In addition to financing, the transaction also involved forming a joint venture with remaining investors in the company. SORAINEN advised the transaction in all stages from initial negotiations […]
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Sorainen Belarus office advised Facebook, Inc., the world’s leading social network, in connection with its acquisition of Masquerade Technologies, Inc., a Belarus-based developer of the popular mask and face-swapping app MSQRD, recently ranked as top mobile application in App Store across more than 60 countries of the world. Primary adviser to Facebook was Fenwick & […]
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On 7 March 2016, after evaluating reports prepared by PricewaterhouseCoopers, the Lithuanian Competition Council (“Council”) confirmed that Polish insurance company PZU, which acquired 100 % of the shares in Lietuvos draudimas, had timely and properly fulfilled the merger conditions and obligations set by the Council on 9 March, 2014 when issuing a clearance decision for […]
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SORAINEN assisted Markit in acquiring a controlling share in ePartner, a Norwegian B2B IT products supplier. By combining the local strength and volume of ePartner with the IT purchasing system and international reach of Markit, the aim is to create a strong market position and provide a new level of service for Norwegian customers. The […]
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SORAINEN Estonia is advising Fortum, a Finnish energy company, on sale of its 51.4%-shareholding in the Estonian main natural gas import, sales and distribution company Eesti Gaas to Trilini Energy. The transaction is subject to necessary regulatory approvals and customary closing conditions. Fortum expects to finalise the transaction during the first half of 2016. The […]