TGS Baltic represented Opera Limited in the acquisition of Fjord Bank

15.07.2020 TGS Baltic represented Opera Limited in the acquisition of Fjord Bank

TGS Baltic team advised Opera Limited – one of the world’s leading browser providers with more than 360 million users, and new offerings across content, classifieds and fintech - on the acquisition of Fjord Bank.

 

 

Fjord Bank is a full-digital consumer finance bank with head office in Vilnius, Lithuania. In December 2019, it was granted a specialized bank license by the European Central Bank, following the assessment and proposal of the Bank of Lithuania. The acquisition will enable Opera to further accelerate its fintech operations in Europe by launching new, disruptive services aimed at improving consumers’ personal finances.

In this acquisition Opera Limited was represented by partners Aurimas Pauliukevičius and Žygimantas Stankevičius, associates  Rimantė Butkutė, Julija Skardžiūtė and Karolina Lapinskaitė.