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PwC Legal Advises Forum Cinemas on Merger with Finnkino in Latvia and Lithuania

PwC Legal Advises Forum Cinemas on Merger with Finnkino in Latvia and Lithuania

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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.

Latvian 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

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