TEGOS competition law experts represented SIA Merito Capital before the Competition Council in connection with the transaction to acquire a controlling stake in SIA Gaižēni thus securing approval for the merger.
The transaction provides for SIA Merito Capital to become the majority shareholder in SIA Gaižēni, one of the leading livestock farming companies in Latvia and a major player in the local agricultural sector. For more information, click HERE.
After reviewing the transaction, the Competition Council decided to approve it, concluding that the merger would not have a significant negative impact on competition in the relevant markets.
TEGOS team and its role
The TEGOS team – partner Andra Rubene and senior associate Elīza Siliņa – advised the client throughout the competition law proceedings, including preparing and submitting a merger notification to the Competition Council, as well as maintaining active communication with the authority.
