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COBALT advised Astor Group in the acquisition of Radisson Blu Daugava hotel


COBALT advised a Latvian hotel management company Astor Group in the acquisition of capital shares of SIA POLAR BEK DAUGAVA which owns Radisson Blu Daugava hotel, a 4-star landmark hotel placed on the riverbank of Daugava.

As part of the transaction COBALT team provided comprehensive legal assistance to the purchaser, including legal due diligence of the target, drafting and negotiation of transaction documents, as well as advising on financing matters.

COBALT team included Partners Toms Šulmanis and Gatis Flinters, Senior Associate Inga Tenisa and Associate Diāna Zepa.