PwC Legal has advised Baltic cinema operator Forum Cinemas OU on its cross-border merger with SIA Forum Cinemas and UAB Forum Cinemas, Finnkino OY’s companies in Latvia and Lithuania.
As a result of the merger, the cinema group will continue its activities in the Baltic countries through Forum Cinemas, which is registered in Estonia, with branches registered in Latvia and Lithuania.
Forum Cinemas is a member of Finnish cinema operator Finnkino, which in turn belongs to the Odeon Group, owned since March 2017 by American cinema group AMC.
The PwC Legal team in Estonia consisted of Specialist Counsel Indrek Ergma, Senior Associate Karen Root, and Associate Maris Alt. The team in Latvia included Attorney-at-Law Janis Lagzdins, Associate Attorney-at-Law Janis Gavars, and Associate Karina Baltina. The team in Lithuania consisted of Attorney-at-Law Ina Muckiena and Associate Attorneys-at-Law Jolita Paulauskaite and Ieva Matonyte.
PwC Legal did not reply to our inquiries about the deal.