TGS Baltic M&A team was led by Partners Sander Kärson and Leonid Tolstov in the participation of Attorney Indrek Kangur, The transaction was carried out in tight cooperation with TGS Baltic experts on competition law, headed by Triinu Järviste who helped the buyer conduct smooth concentration proceedings in the Estonian Competition Authority.
KEK Arendus is a Rondam Group company owned by Neinar Seli. Acquisition of the building of Danske Bank enables the undertaking to extend its portfolio of large real estate objects even further. Previously, undertakings belonging to the same group have acquired the building of Luminor Bank in Tallinn.
Danske Bank A/S is an enterprise operating in the banking field who is about to exit the Estonian market after receiving a precept of the Estonian Financial Supervision Authority on 19 February 2019.