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Marubeni-backed MM Capital Infrastructure Fund 1 from Japan has signed an agreement to acquire a 29.06% interest in joint-stock company Conexus Baltic Grid, a unified natural gas transmission and storage operator in Latvia. Following a competitive sales procedure, MM Capital Infrastructure Fund 1 agreed to acquire the shareholding in Conexus Baltic Grid from Marguerite Gas […]
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Mobile communications operator Bite Latvija has signed a purchase contract to acquire telecommunications company Baltcom for an undisclosed price. Until permission is received, both companies will continue operating independently. A step closer to the company’s long-term development aims Says manager Kaspars Buls of Bite Latvija: “I am satisfied with the agreement reached; this is a […]
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On May 27 2019, Linstow signed a sale-purchase agreement for disposal of shopping centre Galerija Centrs to the Estonia-registered Baltic Horizon public real estate fund. New page in the history of the pearl of Baltic retail Galerija Centrs is a historic building in Riga Old Town. The sale-purchase agreement was signed by Northern Horizon Capital […]
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Sorainen as local counsel advised CEMEX, a leading global building materials company, on the sale of its activities in Scandinavia and the Baltic states to Schwenk, a building materials group headquartered in Ulm, Germany. The purchase price is approx EUR 340 million. In Latvia, Schwenk is taking over a cement production plant with a production […]
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Hili Properties has acquired SIA “Tirdzniecîbas centrs “DOLE”” from AMD Holding. SIA “Tirdzniecîbas centrs “DOLE”” is the owner and operator of the Dole shopping centre with total leasable area of 8,000m2 in Riga, Latvia. Hili Properties is part of Hili Ventures, a diversified business holding listed on the Malta Stock Exchange and which operates McDonalds […]
