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We are advising Nuvei, Canada-based payment technology company, on acquiring Simplex, a fintech startup providing fiat infrastructure to the cryptocurrency industry. The total value of the transaction is USD 250 million, and it is expected to be closed in the second half of 2021. Simplifying buying, selling and converting cryptocurrency Simplex delivers the infrastructure for users […]
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We advised UAB Scandagra on acquiring a majority stake in Šilutės girnos – a company operating grain storage facilities and related real estate. UAB Scandagra is an agro trading and organic/conventional grain trading company which belongs to Scandagra Group, which is jointly owned by the largest Swedish cooperative, Lantmännen; and the Danish cooperative DLG. Our services […]
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We advised Luxembourg-based investment company REInvest Asset Management and its fund DEREIF SICAV FIS on acquiring the SEB Bank headquarters building in Vilnius. The company acquired the building from real estate investment fund Lords LB Special Fund II, managed by Lords LB Asset Management. This is one of largest real estate transactions in the Baltic […]
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Sorainen successfully represented Mindaugas Marcinkevičius, a minority shareholder in VP grupė, against claimant Vilniaus prekyba, which was seeking an order for Mindaugas Marcinkevičius to pay approx EUR 81 million on account of his alleged action to stop the sale of Akropolis shopping centres several years ago. The Vilnius City District Court dismissed Vilniaus prekyba’s action. […]