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TGS Baltic Advises FXFair on Attraction of New Investor

TGS Baltic Advises FXFair on Attraction of New Investor


The Latvian office of TGS Baltic has represented the FXFair forex services provider in the process of attracting a new equity investor and throughout the shareholder change procedure.

TGS Baltic describes FXFair as "a brokerage company focusing on the Asian market and providing an opportunity for foreign investors to trade with currencies and metals using the popular platform MetaTrader 4." The identity of the new investor and size of its investment were not disclosed.

According to TGS Baltic, "the provided services included the entire process – from addressing the potential investors and participation in negotiations to drafting the transaction documentation and ensuring change of shareholder in accordance with the applicable legislation."

The TGS Baltic team was led by Latvian Senior Associate Alise Eljasane.

Latvian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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