17
Thu, Oct
44 New Articles

TGS Baltic Represents Lietuvos Energija on Sale of Duomenu Logistikos Centras

TGS Baltic Represents Lietuvos Energija on Sale of Duomenu Logistikos Centras

Lithuania
Typography

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.

Lithuanian 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

All News about Cobalt can be found here.

 

Our Latest Issue