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Citycon divests Kristiine Keskus shopping centre
We advised Citycon on signing a binding agreement to divest Kristiine keskus in Tallinn, Estonia. The transaction is significant on Estonian market both for its value (being around 129 million euros) as well as for the reason that the center was acquired entirely with Estonian capital. Focus on the Nordic real estate market This divestment […]
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One of the largest fintech deals of the year in Lithuania – Nuvei sells part of their shares to Advent International
We advised the global payment technology company Nuvei on selling part of their shares to Advent International. Nuvei will be delisting from a stock exchange in Canada and once the company goes private, the existing shareholders, Philip Fayer, Novacap and CDPQ, will indirectly hold approximately 24%, 18% and 12% of the shares, respectively. The value […]
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Estonian Press Council: Estonian Public Broadcasting violated good journalistic practice by claiming local governments misused education funds
Estonian Public Broadcasting (ERR) violated good journalistic practice with the episode “How effective is the local government as a school operator?” that aired on AK. Nädal on 28 January 2024, according to a recent decision by the Estonian Press Council (EPC). The Lääne-Viru Municipalities Union (VIROL) filed the complaint with EPC against ERR. During a […]
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A successful investment round supports tripling the customer base
We advised the Lithuanian venture capital firm Practica Capital on leading an investment round worth EUR 3 million for the Estonian startup Qminder. For Qminder, this was the first case of institutional support, while for Practica Capital, it marked its first investment in Estonia from its latest fund. Renowned technology investors in the funding round […]
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We provided legal assistance for a person for an alleged criminal offence
We provided legal assistance to a natural person who approached the State Security Service regarding an alleged criminal offence that threatens the interests of state security and related persecution of the person. About the case False information has been spread about the person, aimed at glorifying the Russian army and supporting the hostilities in Ukraine, […]