Cobalt has advised Latvian investor Hansalink SIA on its acquisition of a direct qualifying holding in Bank M2M Europe.
On September 20, 2017 the European Central Bank and the Financial and Capital Markets Commission granted permission to a new group of shareholders - Signet Global Investors Ltd (25%), Hansalink SIA (22.3%) and Fin.lv SIA (8.79%) — to acquire a majority shareholding in Bank M2M Europe AS.
Cobalt advised and assisted Hansalink in preparing the documentation for its filing for acquisition of the qualifying holding in Bank M2M Europe, and represented Hansalink in liaising with the ECB and FCMC in the application review process. The firm's banking and finance team was led by Managing Partner Lauris Liepa.
