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COBALT advised Cgates on its recent acquisitions of several telecommunication services providers


COBALT advised the second largest Lithuanian telecommunication services provider UAB Cgates in several acquisitions of the Lithuanian regional telecommunication services providers: UAB Telekomunikacinių paslaugų grupė, managing three companies providing TV and internet services UAB Elekta, UAB Kateka and UAB Teletinklas, and regional telecommunication services provider UAB Remo Televizija.

COBALT assisted Cgates in drafting all the transaction documents, represented it during negotiations, in preparing notification of concentration and advised on other transaction related matters. The team advising on the deals included Dr Juozas Rimas, Partner and Head of M&A practice group in Lithuania, and Associates Audrius Slažinskas and Julija Timoščenko.