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28

04
2020

FORT advised AS Selver on acquiring 100% shareholding in retailer ABC Supermarkets AS

On 28, 04 2020 | No Comments | In Uncategorized | By Kadri Lensment

FORT advised AS Selver (a subsidiary of Tallinna Kaubamaja Grupp AS, a company listed in the main list of the Tallinn Stock Exchange) on acquiring 100% shareholding in retailer ABC Supermarkets AS.

This major transaction shall add 16 Comarket shops in Harju, Pärnu and Tartu County, 2 Delice shops in Viimsi and the city of Pärnu and a Solaris shop in Tallinn to the Selver chain. The transaction team (consisting of Minni-Triin Park, Karl Kahm, Kuldar-Jaan Torokoff, Margus Kõiva, Riin Rehepapp and Gerda Raag) carried out legal due diligence and advises in obtaining of competition clearance for the transaction. See the relevant stock exchange announcement HERE