Deals & Cases
Nasdaq CSD SE has completed a cross-border merger with Nasdaq CSD Iceland hf. Nasdaq CSD is headquartered in Latvia and also provides central securities depositary services in Lithuania and Estonia. With this transaction, it has consolidated Baltic and Icelandic CSD services under one company, thus achieving higher efficiency and greater competitiveness. After the merger Nasdaq […]
In Lithuania, state funds are being channelled to support businesses through the Lithuanian state company INVEGA, which has announced a list of measures in three main areas. Guarantees Portfolio guarantees for loans 2 (PGP2) and leasing 2, and export credit Available to small, medium-sized and large enterprises, if one of the following conditions is met: […]
All three Baltic governments have set in place financial measures to help companies out of the crisis. The Estonian government adopted a short-term economic support package on 19 March 2020. In addition, new crisis measures were set in place in a supplementary budget for 2020 which was approved by the government on 28 April (subject to […]
In Latvia, state funds are channelled to support businesses through the state development finance institution ALTUM. State loans by the state development finance institution ALTUM Small, medium-sized and large enterprises facing financial difficulty due to COVID-19 spread may apply for loans to finance their working capital with subsidized/lower interest rates and decreased security requirements of […]
Deals & Cases / Mantas Petkevičius, Inga Macijauskaitė, Jurgita Tekorienė, Augustė Bučytė, Augustas Klezys, Agnė Sovaitė, Kamilė Kukaitytė, Goda Drąsutė, Saulė Dagilytė, Rasa Mikutienė, Dobilė Minkutė, Sidas Sokolovas
We are assisting Nitin Shelke, the founder and chairman of Growmore Group, in entering into an agreement for the strategic acquisition of Medicinos Bankas – a retail bank in Lithuania with assets of USD 395 million (EUR 355 million). Growmore Group is a global investment and financial services conglomerate with businesses across the UAE, UK, […]
