News
Bloomberg recently released its Global M&A Market Review Legal Rankings for the first quarter of 2017. After a strong first quarter, Sorainen is ranked among Top 3 law firms in the Nordic region: Source: Bloomberg’s Global M&A Market Review Legal Rankings (Q1 2017) The Bloomberg M&A Advisory League Tables are the definitive publication of M&A advisory […]
Sorainen Belarus advised International Finance Corporation on sale of the part of its shares in Belarusky Narodny Bank. The deal was concluded at Belarusian Currency Stock Exchange (BCSE) on 14 February 2017 upon prior consent of the National Bank of the Republic of Belarus. The team which included managing partner Kiryl Apanasevich and senior associate […]
Deals & Cases / Paul Künnap, Pekka Puolakka
Sorainen Estonia advised Sanoma Media Finland on divestment of its fully owned subsidiary Sanoma Baltics to a consortium of management team members and a private equity investor BaltCap. Sanoma Baltics operates auto24.ee, the market leader in Estonian online car classifieds, and Kuldne Börs, an online generalist market place, among others. In 2016, the net sales […]
Sorainen advised Ringier Axel Springer Media AG on the local law aspects of its acquisition of 100% of the shares in CV Keskus, operator of leading job classified sites cvkeskus.ee in Estonia, cvmarket.lv in Latvia and cvmarket.lt in Lithuania. Established in Estonia in 2000, CV Keskus expanded to Latvia and Lithuania in 2004. CV Keskus has been […]
Deals & Cases / Agris Repšs, Raivo Raudzeps
As early as the beginning of January 2017, the Latvian Trade Union of Education and Science Employees (LIZDA) went public with their claim that liquidation proceedings of the Riga Teacher Training and Educational Management Academy (RPIVA) were not legal. Moreover, LIZDA asked policy makers in education and the parties involved to stop liquidation of the […]
