Deals and cases

TGS Baltic represented AB Snaigė shareholders in transferring shares and bonds to the strategic investor

TGS Baltic represented KJK Fund SICAV-SIF, Amber Trust SCA SICAF-SIF, Firebird Republics Fund, Ltd. and Firebird Avrora Fund, Ltd., the major shareholders of AB Snaigė in the transaction on transfer of shares and bonds in AB Snaigė to the strategic investor Russian company Polair.

TGS Baltic advised in the implementation of AB SANITAS share acquisition transaction, one of the major and most successful mandatory takeover bids of recent years

TGS Baltic acted as legal advisors of Valeant Pharmaceuticals International, Inc. in submitting and implementing a mandatory takeover bid to buy up the remaining voting shares in AB SANITAS. In the course of the mandatory takeover bid, the value of the bought-up shares constituting 79.32 per cent of the company’s shares subject to the mandatory takeover bid totalled EUR 19,804,428 (LTL 68,380,729).

TGS Baltic counselled Cgates in the acquisition of Mikrovisatos TV

TGS Baltic counselled UAB Cgates in acquiring 100 per cent stake in UAB Mikrovisatos TV, a major provider of pay TV services in Lithuania.

TGS Baltic advised in the acquisition of the Alita Group

Vilius Bernatonis, Dr. Lina Darulienė, Marius Matiukas, Renata Damanskytė

TGS Baltic represented Valeant in the acquisition of Sanitas

TGS Baltic represented the buyer Valeant Pharmaceuticals International, Inc. in acquiring the controlling interest in AB Sanitas – the largest transaction in Lithuania this year.

TGS Baltic advised ERGO's life insurance companies cross-border merger in the Baltics

From the beginning of January ERGO’s life insurance companies in the Baltic States are operating as one Societas European company - ERGO Life Insurance. The company is registered in Lithuania (Vilnius) and has branches in Latvia and Estonia.

Acquisition of Sanitas, Lithuania's Largest Pharmaceuticals Manufacturer

Merger of Lithuania's Tiltra Group and Poland's Trakcja Polska

TGS Baltic advised AB Invalda and other majority shareholders of AB Tiltra Group, a regional transport infrastructure construction group active in Poland and Lithuania, on the merger of AB Tiltra Group with Trakcja Polska SA, the leading rail infrastructure construction group in Poland whose share are listed on the Warsaw Stock Exchange.

Sale of Controlling Stake in Geonafta

TGS Baltic represented the client in selling a controllingstake in Lithuania's biggest oil extraction group, Geonafta, to the strategic investor Grupa LOTOS S.

Acquisition of Controlling Stake in Mieszko SA

TGS Baltic provided full transaction services to UAB EvaGrupe in the acquisition of a controlling stake in Mieszko SA (Poland) from UniCredit AG (Germany), valued at 31 million euros.

Establishment of LEO LT Electricity Company with EUR 2.4 Billion Capital

TGS Baltic acted as lead counsel for the private investor UAB NDX Energija in preparation and execution of a transaction to establish a national electricity company, LEO LT, as the ultimate holding company for Lithuanian electricity transmission and distribution companies.