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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. […]
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Sorainen Estonia advised Taxify, an Estonian startup that competes with Uber across Europe and Africa, on closing USD 175 million in a new funding round that takes its valuation to the USD 1 billion mark. The round was led by German automotive giant Daimler. The investment also featured participation from new backers in the shape […]
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Sorainen is advising Nelja Energia, a renewable energy producer and developer in the Baltic States, on the sale of a 100% shareholding to Enefit Green, a fully owned subsidiary of Eesti Energia, the largest energy producer in the Baltic States. Vardar has agreed (through its subsidiary Vardar Eurus) to sell its 77% holding of shares […]
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Sorainen advises Eurovia, a subsidiary of VINCI, on its acquisition of a 75% stake in leading Estonian infrastructure construction company TREV2 Grupp from BaltCap, a major dedicated private equity and venture capital investor in the Baltic States. The indicative closing date is planned at the end of June after all regulatory requirements and other closing conditions […]
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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 […]
