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Coop Pank Selects Ellex Raidla for Upcoming IPO

Coop Pank Selects Ellex Raidla for Upcoming IPO

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Estonia's Coop Pank has selected Ellex Raidla to assist with it preparations for its upcoming IPO.

Coop Pank (the former AS Eesti Krediidipank) is the 8th largest bank in Estonia in terms of total assets. In 2018 its total assets were EUR 438.70 mlllion, providing the bank with a 1.68% market share. 

According to Ellex Raidla, "in early June the supervisory board of Coop Pank instructed the bank’s management board to begin preparations for the public listing of shares on Tallinn Stock Exchange. The earliest that the IPO could take place is in autumn 2019."

The Ellex Raidla team is led by Partner Raino Paron and Senior Associates Gerda Liik and Kadi Sink.

Estonian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

All News about Cobalt can be found here.


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