OREANDA-NEWS. July 15, 2014. SORAINEN advised Lithuanian natural gas transmission system operator Amber Grid, the target of an acquisition where state-owned holding company EPSO-G made a mandatory takeover offer to acquire the remaining 43.38% shares in Amber Grid at an offer price of EUR 0.762 per share, valuing the transaction at EUR 58.97 million.

Through the takeover offer EPSO-G acquired in total 39.96% of Amber Grid shares (including 37.1% of shares from OAO Gazprom) for a total value of EUR 54.32 million.

The SORAINEN team in the project was led by partner Algirdas Peksys and senior associates  Liudas Ramanauskas and Sergej Butov.