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Citycon divests Kristiine Keskus shopping centre
We advised Citycon on signing a binding agreement to divest Kristiine keskus in Tallinn, Estonia. The transaction is significant on Estonian market both for its value (being around 129 million euros) as well as for the reason that the center was acquired entirely with Estonian capital. Focus on the Nordic real estate market This divestment […]
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Sorainen ESG-focused newsletter, November
In the newest issue of the Sorainen ESG newsletter we bring you the latest updates on environmental, social and governance trends across the European Union and the Baltic States. This month’s issue features crucial insights into recent EU-level developments and sustainability initiatives, along with some interesting news from Estonia, Latvia and Lithuania. Legislative news and […]
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One of the largest fintech deals of the year in Lithuania – Nuvei sells part of their shares to Advent International
We advised the global payment technology company Nuvei on selling part of their shares to Advent International. Nuvei will be delisting from a stock exchange in Canada and once the company goes private, the existing shareholders, Philip Fayer, Novacap and CDPQ, will indirectly hold approximately 24%, 18% and 12% of the shares, respectively. The value […]
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Webinar recording “Helping clients succeed in the ESG transition: ESG and Tax”
Check out our fifth regional webinar in the series “Helping clients succeed in the ESG transition” organised by Sorainen. This time we focused on ESG considerations in the field of taxation and tax compliance. Sorainen experts, as well as guest speakers, delved into the topic from different angles and covered: how taxation is being used […]
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Estonian Press Council: Estonian Public Broadcasting violated good journalistic practice by claiming local governments misused education funds
Estonian Public Broadcasting (ERR) violated good journalistic practice with the episode “How effective is the local government as a school operator?” that aired on AK. Nädal on 28 January 2024, according to a recent decision by the Estonian Press Council (EPC). The Lääne-Viru Municipalities Union (VIROL) filed the complaint with EPC against ERR. During a […]