Fort has advised LHV Pank on the acquisition of a Danske Bank unit consisting of a loan portfolio of Estonian private clients worth approximately EUR 470 million.
Estonia's Competition Authority must give its permission before the transaction is finalized in autumn. The final scope and price of the transaction will also be determined in that period.
LHV Group is an Estonian financial group and capital provider. Its key subsidiaries are LHV Pank and LHV Varahaldus.
The Fort team included Partners Minni-Triin Park, Kirsti Pent, and Kuldar-Jaan Torokoff, Senior Associate Olger Kaelep and Attorneys at law Riin Rehepapp, Liina Kais, Kristel Raamat.