27
Thu, Feb
49 New Articles

Sorainen to Advise Ignitis Group on Possible IPO

Sorainen to Advise Ignitis Group on Possible IPO

Lithuania
Typography

Sorainen has won a tender to advise Lithuania's state-owned Ignitis Group on an initial public offering it is currently considering. Ashurst will be advising on English and US law aspects.

According to Sorainen, “the Ignitis Group IPO could be announced after the group delists the shares of its subsidiaries Energijos Skirstymo Operatoriaus and Ignitis Gamyba, which are currently listed on the Nasdaq Vilnius Stock Exchange. The conclusions of the Ministry of Finance working group on the possibilities for the IPO are expected to be published by March. According to the company, this IPO could become the largest in the Baltic States to date.”

Sorainen’s team will include Partners Tomas Kontautas and Sergej Butov and Senior Associates Dalia Augaite, Inga Macijauskaite, and Evaldas Dudonis.

Lithuanian 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.

 

Our Latest Issue