This week a major transaction took place in Lithuania – the gas transmission system operator Amber Grid and the German energy exchange European Energy Exchange AG (EEX) signed a EUR 6.5 million agreement for the sale and purchase of a 66% stake in the Baltic and Finnish gas exchange GET Baltic Gas Exchange. The transaction was approved by Evernord FMI – as it is well known, under Lithuanian law, company share transactions do not always require a notarial form, and can also be executed by a brokerage firm. We are delighted with the confidence of the counterparties and the opportunity to not only observe a significant transaction on the market, but also to be directly involved in its execution!
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