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COBALT advised BP plc on a deal

2019-09-16

COBALT advised BP plc on a deal where BP’s subsidiary BP Global Investments Limited sold 50% of the shares in Eesti Aviokütuse Teenuste AS to Nordic Jet Holding.

Eesti Aviokütuse Teenuste AS, founded in 2000, is engaged in selling aviation fuel, aircraft refuelling at Tallinn Airport and other actions needed to support these activities.

BP plc (formerly British Petroleum), headquartered in London, United Kingdom, is a multinational oil company on one of the world’s biggest energy companies.

Our work comprised advising the client throughout the whole transaction, including assisting the client with the due diligence process, and drafting and negotiating the transaction documents. COBALT´s team consisted of partner Martin Simovart and senior associate Madis Reppo.