Sorainen successfully represented dairy products producer Lukšių pieninė in a dispute against Pieno žvaigždës, a leading Lithuanian manufacturer of milk and dairy products, over use of the Liliputas brand. Vilnius district court ruled that Pieno žvaigždės has no right to use Liliputas or any similar brand name in Lithuania or abroad without permission from Lukšių […]
Sorainen advised Stockholm-listed gaming operator MRG with presence in twelve markets, who will expand its Mr Green brand also into the regulated Latvian iGaming market following the acquisition of a majority stake in locally licensed operator 11.lv. MRG will acquire a 75 per cent stake in the sportsbook-focused operator, which is one of the largest […]
Sorainen cross-border team assisted global leading BPO and customer experience company Webhelp in the acquisition of the majority of the share capital of top multilingual nearshore firm Runway BPO. Runway, which is headquartered in Riga – Latvia, brings an additional nine multilingual centres and 1,000 people across Latvia and new countries for Webhelp; Estonia, Lithuania, […]
Sorainen advised Nordcurrent, the largest game development studio in the Baltic region, on acquisition of Ukrainian game development and animation studio Blam! Games Studios. After the acquisition, the Odessa-based company, currently employing 40 people, became the Nordcurrent Odessa office. The value of the transaction is undisclosed. Blam! Games Studios, established in 2009 in Ukraine, has […]
Sorainen Estonia advised Elering, the electricity and gas transmission system operator in Estonia, in its successful EUR 225 million Eurobond issue. The bond matures in 2023, pays annually a coupon of 0,875% and will be listed on the London Stock Exchange. The proceeds will be used for refinancing the existing Eurobonds maturing in July this […]
