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COBALT advised UAB Cgates on the acquisition of three Lithuanian cable TV and Internet providers


COBALT advised the Lithuanian telecommunications company UAB Cgates on its acquisition of 100% shares in UAB RAKARAS, UAB Ukmerges televizija and UAB UKMNET TV. Apart from these companies, UAB Cgates in addition took over part of UAB SATELA’s cable internet access and cable TV retail business.

COBALT drafted transaction documents, represented UAB Cgates during negotiations and advised on other transaction related matters. The team was led by Dr Juozas Rimas, Head of Mergers and Acquisitions Practice Group.