Glimstedt has advised Linstow AS on the crossborder sale of its stake in UAB Baltijos Parkai, which holds Park Inn hotels in Vilnius and Klaipeda, to UAB Green Hotel.
Glimstedt advised Linstow on the structuring and planning of the transaction and drafted transaction documents, as well as facilitating acquisition financing in a Lithuanian bank. The firm’s team was led by Partner Andrius Ivanauskas, assisted by Associate Sebastian Okinczyc, among others.
Green Hotel was not represented by external counsel.
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