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 […]
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 […]
SORAINEN advised BITĖ group, a major mobile operator in Lithuania and Latvia, on acquisition of a controlling shareholding in Spainetos prekybos sistema and its Latvian subsidiary, Spaineta Latvia. Spaineta operates a retail network distributing BITĖ services, smartphones and accessories, with over 200 staff in Lithuania and Latvia. BITĖ Group controls a leading mobile operator in […]
SORAINEN Lithuania advised Softneta in negotiating and concluding agreements on investment in the company by venture capital fund Practica Capital. Softneta is an award-winning Lithuanian IT company providing software-based specialized healthcare solutions to improve the quality of patient care. The company has enjoyed great success not only nationally but also globally through exporting products to […]
Sorainen Lithuania and Belarus in cooperation with Clifford Chance advised Bayer HealthCare Pharmaceuticals, a leading global marketer of over-the-counter (OTC) medications and nutritional supplements, in its acquisition of Sagmel Inc, a US pharmaceutical company involved in developing, manufacturing and marketing of OTC drugs and nutritional supplements in the Baltics and Belarus. Bayer HealthCare has also acquired Sagmel in […]
