Category Archives: Estonia

Inside Out: Primus, Cobalt, Sorainen, and Ellex Raidla Advise on BaltCap Acquisition of Estonian Classified Portals from Sanoma Media Finland

The Deal:  On March 20, 2017, CEE Legal Matters reported that Primus’s Tallinn office had advised BaltCap on its acquisition of 100% of Sanoma Baltics AS – the operator of the Estonian online classified sites auto24 and Kuldne Bors – from Sanoma Media Finland Oy. Sorainen advised Sanoma Media Finland, and Cobalt advised the management of Sanoma Baltics on the transaction, with Ellex Raidla advising AS LHV Varahaldus on its provision of financing for the transaction.

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