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TGS Baltic Represents Lietuvos Energija on Sale of Duomenu Logistikos Centras

TGS Baltic Represents Lietuvos Energija on Sale of Duomenu Logistikos Centras

Lithuania
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TGS Baltic has advised Lietuvos Energija on its sale of shares in Duomenu Logistikos Centras to Telia Lietuva.

TGS Baltic reports that the sale, which started last November, should be completed at the beginning of 2018, after a concentration permit is obtained from the Competition Council.

Lietuvos Energija is a state-controlled energy group in the Baltic States. The main activities of the group include electricity and heat energy production, supply, trade in electricity and electricity distribution, trade in natural gas, natural gas distribution, and servicing in and development of the electricity sector.

Duomenu Logistikos Centras provides services of data transmission and data centers. The company operates seven data centers in four Lithuanian cities, and provides data transmission services both in Lithuania and abroad. With partners the company operates international data transmission networks Baltic Highway and Baltic Optical Network.

The TGC Baltic team consisted of Partner Marius Matonis, Associate Partner Dalia Tamasauskaite-Ziliene, and Associate Andrius Voska.