Mergermarket: RLN Keeps Its Leader Position in the Baltic Legal Market

08.11.2011

According to the latest league table of Mergermarket, an independent M&A intelligence service, published in October 2011, Raidla Lejins & Norcous law firms operating in the Baltics are ranked 6th by volume amongst the law firms which advised on transactions in the CEE region. For the second time this year Raidla Lejins & Norcous is included in the Top 10 highest ranking law firms in the CEE region.

To evaluate the performance of CEE law firms in the three quarters of 2011, Mergermarket included those M&A deals, the value of which was greater than USD 5 million (per single transaction).

In the period from January till October 2011 Raidla Lejins & Norcous advised on 34 transactions, 14 of which were worth more than USD 5 million (per single transaction).

During the nine months of this year Raidla Lejins & Norcous Vilnius office advised on 15 M&A transactions with the aggregate value higher than LTL 1.5 billion. Major deals include the largest deal in Lithuania since 2006 – advising AB Sanitas, a publicly-traded Lithuanian specialty pharmaceuticals company with a broad branded generics product portfolio in nine countries across the CEE region, in the EUR 364 million sale of the 87.2% shareholding to Valeant Pharmaceuticals International, Inc.

Roschier, a leading Nordic law firm, which together with Raidla Lejins & Norcous forms the RR Alliance, is ranked 6th by Mergermarket by the number of M&A deals at the end of the third quarter in the Nordic Region.

• Please see the league tables HERE