TGS Baltic in Estonia has advised Eesti Uhistukapital on its acquisition of a 5% stake in Coop Pank from Inbank.
According to Ulle Mathiesen, the Chairman of the Management Board of Eesti Uhistukapital, "this agreement will preserve the original aim to cooperate with other cooperatives and community initiatives in important areas of Estonian society," and she said that "the diverse membership of the cooperative will continue to contribute to the rapid development of Coop Pank."
TU Eesti Uhistukapital, formerly known as Eesti Uhistupank (the Estonian Cooperative Bank) was founded by the Tallinn City Government and consists of 162 private and legal members.
The TGS Baltic team included Partners Sander Karson and Marko Kairjak and Associate Elina Varendi.