Motieka & Audzevicius has advised Kesko Senukai on the acquisition of the "1A" e-commerce business in all three Baltic States from SIA MZ Investments, SIA GS, and SIA KP Investments. Kronbergs Cukste Levin advised the sellers on the deal.
The Riga and Vilnius members of the former Derling alliance in the Baltics ⎯ Kronbergs Cukste and Dominas, respectively ⎯ have replaced the former Estonian member of the alliance, the Derling law firm, with Glikman Alvin, and have rebranded as the Levin Law alliance, which they describe as "a new force in the Baltics using the combined strength of established firms."
TGS Baltic's Vilnius office and Clifford Chance have advised Maxima Grupe, UAB on approval of EUR 1 billion medium-term note program and issuance of EUR 300 million of 5-year bonds. BNP Paribas, Deutsche Bank, and SEB Bankas acted as intermediaries, and were advised by Linklaters and Ellex Valiunas.