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Cobalt has advised Finnish private equity fund KJK on its acquisition of a 50% stake in Estonian Tahe Outdoors OÜ. Subsequently, Ellex Raidla advised Tahe Outdoors on its use of those funds to acquire BIC Sport for somewhere between EUR six and nine million, creating the second largest water-sports equipment producer in Europe.

Boyanov & Co., Kalo & Associates, and Hugh Owen of Go2Law have advised Albania Telecom Invest, a joint venture of entrepreneurs Spas Roussev and Elvin Guri, on its EUR 50 million acquisition of Telekom Albania from OTE (Deutsche Telekom). White & Case and Wolf Theiss advised the sellers on the deal, which remains subject to closing conditions, including the approval by the competent local authorities and financing, and is expected to be completed within the first half of 2019.

Watson Farley & Williams has advised the National Bank of Greece on a ten year non-recourse acquisition financing of EUR 357 million to a consortium of Snam, Enagas, and Fluxys to fund approximately 65% of the consideration for the consortium's acquisition of a 66% stake in the Hellenic Gas Transmission System Operator S.A. The Kyriakides Georgopoulos Law Firm advised the consortium.

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