Deals & Cases / Augustas Klezys, Dalia Augaitė, Eglė Mazėtytė
Sorainen advised the international group of companies Modus Group on entering the Nasdaq Baltic First North alternative market. Sorainen is a Certified Adviser to Modus Group on the First North market in Lithuania. Total nominal value of the Modus Group issue is EUR 4,999,900. The annual interest rate is 5%. Modus Group’s bond issue was publicly […]
News
On 15 February 2018 Sorainen Lithuania became a Certified Adviser on First North, which means that the firm can advise Lithuanian companies pursuing admission to First North. Nasdaq Baltic First North is a growth market designed for small and medium-sized companies in the Baltics. The regulatory requirements on First North are less extensive compared to […]
Sorainen Belarus advised International Finance Corporation on sale of the rest 4.99% of its shares in Belarusky Narodny Bank. Two deals with total amount of more than USD 2 million were concluded at Belarusian Currency Stock Exchange (BCSE) on 28 December 2017 under the consent of the National Bank of the Republic of Belarus. The […]
Sorainen advised insurance broker company Aon Baltic in acquiring 100% shares in Balto Link. This is the largest acquisition deal in the Baltic brokerage business in recent years. The acquisition was completed on 28 December 2017. Total value is not disclosed. Aon Baltic is the biggest insurance broker company operating in Estonia, Latvia and Lithuania. […]
Deals & Cases
Sorainen advised Trustcom Financial in obtaining an e-money institution licence from the Bank of Lithuania. Trustcom Financial will provide electronic money and payment services and its customers will be able to open electronic money accounts. Sorainen advised Trustcom Financial on licensing, business model structuring and other issues. The Sorainen team included partner Tomas Kontautas, associate […]