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Sorainen and M&A Advise on Sale of Seven Entertainment's Lithuanian Businesses to DG21

Sorainen and M&A Advise on Sale of Seven Entertainment's Lithuanian Businesses to DG21

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Sorainen has represented Seven Entertainment and its shareholders in the sale of Lithuania's Siemens and Cido multi-purpose arenas, Tiketa ticket distribution company, and Seven Live event organization company, to Lithuania's DG21. Motieka & Audzevicius advised the buyer on the deal.

Financial details of the deal, which remains contingent on approval by Lithuania's Competition Council, were not disclosed.

Sorainen’s team consisted of Partner Algirdas Peksys and Senior Associate Jonas Kiauleikis. 

Motieka & Audzevicius’s team included Partner Giedrius Kolesnikovas, Senior Associate Rokas Jankus, and Associates Laurynas Ramonas, Aivaras Grigas, and Darius Amsiejus.