COBALT represents minority shareholder interests in acquisition of 60% stake in by Dutch company IAC Search Europe B.V.

2014 - 08 - 28

After acquiring a 60% stake of the Latvia-incorporated and headquartered company, Dutch company IAC Search Europe B.V., part of U.S. media concern IAC, became the majority shareholder of Alongside changes in the composition of the company’s shareholders, technology investment fund Rubylight retained its minority shareholding in The interests of the minority shareholder in the deal were represented by COBALT, which had previously advised the company on acquisition of shares.

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