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Category Archives: References

LEXTAL advised Skandinaviska Enskilda Banken AB in EUR 500,000,000 syndicated finance transaction

LEXTAL advised Skandinaviska Enskilda Banken AB (publ), other banks and number of institutional investors in a EUR 500,000,000 financing to Adven (syndicated loan facility and notes’ issue).

Adven is the leading provider of energy and water services across the Nordic and Baltic countries. LEXTAL worked in cooperation with Allen & Overy (lead counsel) and Castren & Snellman (Finnish counsel).

LEXTAL team was led by partner Ants Karu.

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LEXTAL advised Santander Bank Polska in EUR 120,000,000 syndicated loan facility

LEXTAL advised Santander Bank Polska and other banks in connection with a EUR 120,000,000 syndicated loan facility to plywood manufacturing group Paged.

Advice was provided in cooperation with the lead counsel White & Case. LEXTAL team was led by partner Ants Karu.

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LEXTAL advised AS Puukeskus in connection with entry into distribution agreement with Cembrit OY

LEXTAL advised AS Puukeskus (www.puukeskus.ee) in connection with entry into distribution agreement with Cembrit OY (www.cembrit.fi) appointing AS Puukeskus as distributor of Cembrit’s fibre-cement products in Estonia.

The transaction involved also the purchase of certain assets from Cembrit’s previous distributor. LEXTAL team was led by partner Ants Karu.

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LEXTAL Estonia achieved success for customers regarding compulsory sale of land to the Estonian state

Partners Olavi-Jüri Luik and Üllar Talviste were successful in representing a customer regarding the state’s desire to expropriate 365 hectares of land for the training area of the Defence Forces. This area is more than three times larger than Tallinn’s Old Town. As a result of our attorneys’ work a sales agreement favourable to the customer was signed.

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LEXTAL advised on sale of CV Keskus OÜ shares

LEXTAL advised HeadHunter Group on the sale of 100% shares of CV Keskus OÜ, operator of leading job classifieds sites cvkeskus.ee in Estonia, cvmarket.lv in Latvia and cvmarket.lt in Lithuania, to Ringier Axel Springer Media AG.

HeadHunter Group is the leading online HR solutions company operating in Russia, Ukraine, Belarus, Kazakhstan, Azerbaijan, Georgia, Uzbekistan and Kyrgyzstan. The company’s largest asset is HeadHunter website owning the database that comprises 300 thousand open vacancies and 24 million resumes. The lead investor in HeadHunter Group is Elbrus Capital (http://elbcp.com/).

Ringier Axel Springer Media AG is the joint venture of Swiss Ringier AG and the German Axel Springer SE. The company operates in the growth markets of Poland, Hungary, Serbia and Slovakia with a broad range of media services, comprising more than 160 digital and print offerings.

LEXTAL provided to HeadHunter Group full legal support during the sale process, including management of the due diligence process and administration of virtual data room, drafting and negotiating of the share sale-purchase agreement and other transaction documents.

The project was led by LEXTAL partners Ants Karu and Kristi Sild.

Please see the press release from https://hh.ru/article/504204.

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LEXTAL advised the sellers in the sale of Premium 7 gas stations to Circle K (Statoil)

LEXTAL advised the sellers in the sale of Premium 7 gas stations to Circle K (Statoil). LEXTAL’s team was led by partner Ants Karu.

 

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LEXTAL advised AS Aasa Global in 50MEUR private equity deal

LEXTAL advised AS Aasa Global in 50MEUR private equity deal. Aasa Global is operating non-collateral consumer credit businesses in Finland through its local subsidiaries. LEXTAL team was led by partner Ants Karu.

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LEXTAL advised Bank Zachodni WBK S.A.-d

LEXTAL advised Bank Zachodni WBK S.A. (Santander Group) in connection with the accession of Estonian company to the existing 18MEUR revolving credit facility granted to a group of financial service companies operating in Eastern Europe. LEXTAL team was led by partner Ants Karu.

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LEXTAL advised Atso Matsalu in connection with the management buy-out of Puukeskuse AS

LEXTAL advised Atso Matsalu in connection with the management buy-out of Puukeskuse AS (http://www.puukeskus.ee) from DT Finland OY (Wolseley group). LEXTAL team was led by partners Urmas Ustav and Ants Karu.

More information from the daily newspaper Äripäev in Estonian: http://www.aripaev.ee/uudised/2016/08/01/puukeskuse-juht-ostis-ettevotte-valja and http://www.aripaev.ee/uudised/2016/08/01/matsalu-ainuomanikuna-on-lihtsam-tegutseda.

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Partner Alar Urm advised Marsalis Marsalis Metall in the agreement to acquire Loksa shipyard

Partner Alar Urm4 advised Marsalis Marsalis Metall in the agreement to acquire Loksa shipyard. Loksa shipyard was founded in 1905. It is located on the northern coast of Estonia just about 65 kilometres from Tallinn and specializes in fabrication and painting different large-sized non-standard steel structures.

More information from the daily newspaper Äripäev in Estonian.

 

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