News
Sorainen partner Toomas Prangli tops Mergermarket’s CEE 2016 legal adviser table by number of deals advised. After several years of a sluggish market, mergers and acquisitions (M&A) in Estonia hit a record deal volume and value in 2016. According to comments given to Estonian business daily Äripäev by Toomas Prangli, co-managing partner of Sorainen, the […]
Sorainen Lithuania advised one of the largest, fastest-growing and most dynamic financial institutions in the region on an acquisition finance transaction related to the acquisition of shares in the AUGA group, in accordance with earlier signed option agreements. AUGA group shares are listed in the Baltic Secondary List of NASDAQ OMX Vilnius. The total disclosed […]
AMC Theatres (AMC Entertainment Holdings) (‘AMC’) has entered into a definitive agreement to acquire the largest theatre exhibitor in seven countries in the affluent northern region of Europe, Nordic Cinema Group Holding (‘Nordic’). Nordic operates 68 theatres and has a substantial minority interest (approximately a 50% ownership) in another 50 associated theatres to which Nordic […]
Sorainen Lithuania advised Gasum, a Finnish energy company, on sale of the shares of GET Baltic. The shares were acquired by Amber Grid, a Lithuanian gas transmission system operator. The transaction was closed by the end of 2016. The energy company Gasum is a Finnish gas sector (natural gas, LNG and biogas) expert that is […]
Deals & Cases
Sorainen Estonia advised Silmäasema, the Finnish chain of opticians, on its acquisition of a 100% share in Tallinna Optika, the Estonian chain of opticians, from its founder Kalev Klais. With over 40 years of experience, Silmäasema is a leading provider of vision correction and eye care services in Finland. Pasi Kohmo, the company’s CEO, said […]