TGS Baltic has advised the shareholders of Tallinn-based Eesti Digiraamatute Keskus on the sale of a majority shareholding to Russia publisher OOO Litres.
TGS Baltic reports that “Eesti Digiraamatute Keskus helps publishers create high-quality books to meet the standards of the most demanding readers." According to the firm, "it also helps to distribute and promote ebooks as they have developed a wide-based ebook sales network.”
The TGS Baltic team was led by Partner Sander Karson and included Senior Associates Mari-Liis Orav and Vitali Sipilov, Associates Indrek Kangur and Kart Raud, Junior Counsel Mirko Kikkamagi, and Lawyer Eva Arumets.
TGS Baltic did not reply to our inquiry on the matter.