OREANDA-NEWS. September 25, 2013. SORAINEN Latvia assisted Baltcom TV, the largest cable TV operator in Latvia, in acquiring all shares in IZZI COM, one of the biggest cable TV operators in Latvia by number of customers, and control in other IZZI group companies.

The acquisition of IZZI will allow Baltcom to extend the coverage of telecommunication infrastructure by 30% and to offer clients a wider choice of services, thus ensuring the further growth of Baltcom and strengthening its position in the market.

SORAINEN performed legal due diligence of all IZZI group companies and assisted the client throughout the whole share acquisition process by providing advice on competition matters, participating in negotiations, assisting in drafting transaction documents and closing the transaction.

The client was advised by SORAINEN office managing partner Eva Berlaus and senior associate Renate Purvinska.