Sorainen
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Sorainen Estonia advised Taxify, an Estonian startup that competes with Uber across Europe and Africa, on closing USD 175 million in a new funding round that takes its valuation to the USD 1 billion mark. The round was led by German automotive giant Daimler. The investment also featured participation from new backers in the shape […]
Sorainen advises Eurovia, a subsidiary of VINCI, on its acquisition of a 75% stake in leading Estonian infrastructure construction company TREV2 Grupp from BaltCap, a major dedicated private equity and venture capital investor in the Baltic States. The indicative closing date is planned at the end of June after all regulatory requirements and other closing conditions […]
Sorainen advised Stockholm-listed gaming operator MRG with presence in twelve markets, who will expand its Mr Green brand also into the regulated Latvian iGaming market following the acquisition of a majority stake in locally licensed operator 11.lv. MRG will acquire a 75 per cent stake in the sportsbook-focused operator, which is one of the largest […]
Sorainen successfully represented dairy products producer Lukšiø pieninë in a dispute against Pieno þvaigþdës, a leading Lithuanian manufacturer of milk and dairy products, over use of the Liliputas brand. Vilnius district court ruled that Pieno þvaigþdës has no right to use Liliputas or any similar brand name in Lithuania or abroad without permission from Lukšiø […]
Sorainen cross-border team assisted global leading BPO and customer experience company Webhelp in the acquisition of the majority of the share capital of top multilingual nearshore firm Runway BPO. Runway, which is headquartered in Riga – Latvia, brings an additional nine multilingual centres and 1,000 people across Latvia and new countries for Webhelp; Estonia, Lithuania, […]
