TGS Baltic, Corporate/Commercial | Chambers Europe Profile

About

Provided by TGS Baltic

M&A work is the cornerstone of TGS Baltic practice and its core area of expertise. The firm has in-depth understanding of structuring and carrying out acquisition transactions as well as strategic mergers. The firm has been involved in most of the major M&A and privatization transactions in the Baltic States:

Advised the Ministry of Economics on the acquisition of 18.31% of the shares of AS Conexus Baltic Grid by AS Augstsprieguma tīkls from Uniper Ruhrgas International GmbH;
Advised the Ministry of Economics on acquisition of 16, 05% of the shares of AS Conexus Baltic Grid by AS Augstsprieguma tīkls from SIA ITERA Latvija;
Advised Swedbank on acquisition of Danske Bank personal banking business in Lithuania and Latvia;
Assisted Fuchs Petrolub SE with MEUR 74 acquisition of Statoil Fuel & Retail Lubricants from Couche-Tard Luxembourg;
Assisted BBG and Baltikums Bank with sale of insurance company Baltikums to Vienna Insurance Group;
Assisted Communicorp Group with sale of Radio SWH to Cinamon Holding;
Assisted ACTA (holding of Kiwa and Shield Group International) with acquisition of Inspecta Group;
Assisted Coats plc, the world’s largest manufacturer and distributor of sewing thread and supplies, with sale of EMEA Crafts business to AURELIUS Group;
Advised Mezzanine Management on MEUR 23.3 investments into Mogo Finance;
Acquisition of Allied Irish Bank's mortgage loan portfolio and Hipo Fondi pension funds and investment plans for SEB and SEB Wealth Management.

Chambers Review

Provided by Chambers

Corporate/Commercial - Latvia

Band 2

What the Team is Known For

TGS Baltic has an experienced team regularly called upon to provide transactional support on M&A deals, including due diligence projects. It also advises on shareholder agreements and regulatory issues as well as day-to-day support matters. The law firm advises businesses from a variety of sectors, including energy and technology. Its strong roster of local and international clients features prominent banks and private equity companies.

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Work Highlights

Provided by TGS Baltic

TGS Baltic acted for joint global coordinators BNP Paribas, Citi and J.P. Morgan, joint book-runners Morgan Stanley and SEB, and co-managers LHV and Signet Bank on airBaltic's issue of EUR340 million secured bonds on the Euronext Dublin stock exchange.

Strengths

Provided by Chambers

The law firm reacts fast, keeps to the agreed deadlines and guides in the process, providing a pan-Baltic service.