MTV Baltic to Be Sold by Martinson Trigon Venture Partners
OREANDA-NEWS. August 11, 2008. Sorainen is assisting Martinson Trigon Venture Partners, the CEE venture capital fund manager focusing on TMT sector, in the sale of UAB MTV Networks Baltic to Ananey Communications Ltd. UAB MTV Networks Baltic operates MTV music channel in Estonia, Latvia, and Lithuania, reported the press-centre of Sorainen.
Ananey operates a number of cable channels and Internet sites in Israel, including MTV and VH1. The transaction is expected to be closed in near future.
Sorainen team is led by partner Toomas Prangli and senior associate Stefano Grace.
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