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TGS Baltic Advises on Sale of Majority Shareholding in Eesti Digiraamatute Keskus

TGS Baltic Advises on Sale of Majority Shareholding in Eesti Digiraamatute Keskus

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TGS Baltic has advised the shareholders of Tallinn-based Eesti Digiraamatute Keskus on the sale of a majority shareholding to Russia publisher OOO Litres.

TGS Baltic reports that “Eesti Digiraamatute Keskus helps publishers create high-quality books to meet the standards of the most demanding readers." According to the firm, "it also helps to distribute and promote ebooks as they have developed a wide-based ebook sales network.”

The TGS Baltic team was led by Partner Sander Karson and included Senior Associates Mari-Liis Orav and Vitali Sipilov, Associates Indrek Kangur and Kart Raud, Junior Counsel Mirko Kikkamagi, and Lawyer Eva Arumets. 

TGS Baltic did not reply to our inquiry on the matter.

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