Our team was responsible for overall coordination of the acquisition of shares in three companies. One of the three companies is a listed company which required additional steps in order to comply with securities’ regulation in Lithuania and to successfully transfer the shares to the purchaser. This deal involves one of the most successful and largest listed Lithuanian group of companies – Linas Agro, which is actively involved in agriculture and the food industry.
We advised the parties on the structure of the transaction, coordinated the project. Our lawyers prepared the acquisition documentation, including the share purchase agreements and closing documents.
The transaction should be one of the largest transactions in the pan-Baltic market in 2018.
Taking into consideration the history and traditions of Linas Agro Group, it is a deal of high importance as one of the founding members of the business decided to exit by selling its shares in the group companies.