OREANDA-NEWS. October 04, 2011. SORAINEN Latvia advised Sanoma News, Finland's leading newspaper publisher, in its acquisition of Apollo.lv, Latvia's second largest online news service, reported the press-centre of SORAINEN.

Sanoma News is part of the Sanoma Group, a strong European media group operating in diverse media fields in 20 countries. Advice included legal due diligence of Apollo.lv, structuring the business purchase transaction, preparing documentation to implement the business transfer and representing the client's interests in negotiations. Currently, the transaction is pending completion.

The client was advised by partner Eva Berlaus and senior associate Janis Bite.