Ellex has advised the Vilvi Group on the acquisition by its subsidiary AB Vilkyskiu Pienine of 70% of the qualifying holding of the SIA Baltic Dairy Board. Vilgerts advised the seller on the deal.
On February 26, 2021, CEE Legal Matters reported that Eversheds Sutherland had advised Valmieras Stikla Skiedra on the sale of 83.14% of the share capital from the company’s controlling shareholder group to Duke I S.a.r.l. CEEIHM spoke with Ilze Saviele, Legal Counsel at VSS, to learn more about the sale.
The Latvian office of Cobalt, working alongside Clifford Chance, has advised joint lead managers Barclays, BNP Paribas, and Credit Agricole CIB on the issue of a ten-year EUR 1.250 billion Eurobond by the Republic of Latvia, setting a yield at 0.105% and a coupon of 0.000%. Allen & Overy reportedly advised the Republic of Latvia on the issuance.
Cobalt has advised Austrian railway and infrastructure constructor Swietelsky AG on winning a EUR 237 million contract to build the Rail Baltica station and related infrastructure at the Riga International Airport. The contract was awarded in a public procurement procedure by Eiropas Dzelzcela linijas SIA, the implementing body of the Rail Baltica project in Latvia.
Ellex Raidla has advised SG Capital Partners Fund I on the acquisition of a 90,000 square meter logistics complex near the Plavinieki and Dreilini districts in Riga by acquiring shares in SIA Beinits and SIA Balt Cargo Solutions from a group of private investors. The sellers were reportedly advised by Rasa, Esenvalds, and Radzins. Financial terms were not disclosed.