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News & Analysis

Denmark: Lennart Meyer Østenfjeld joins as Partner at Moalem Weitemeyer

27 March 2024 by Moalem Weitemeyer - Denmark

We are pleased to welcome back Lennart Meyer Østenfjeld, attorney-at-law, as he rejoins Moalem Weitemeyer as partner after four years as legal counsel with a leading financial institution. Lennart was partner and part of the Firm from 2009-2019.

News & Analysis

Poland: DKP Registers First Small Payment Institution In Poland under New Legal Regime

22 March 2024 by Dudkowiak Kopeć & Putyra - Poland

We are proud to announce that Fintech team of Dudkowiak Kopeć Putrya (Warsaw Law Office) – leaded by Barrister at Law Piotr Putyra obtained for the Client first SPI (Small Payment Institution) license under new stringent legal regime which came into force in September 2023.

News & Analysis

Sweden: Gernandt & Danielsson contributes to Chambers Data Protection & Privacy Global Practice Guide 2024

20 March 2024 by Gernandt & Danielsson - Sweden

Chambers Data Protection & Privacy Guide provides the latest legal information on online marketing, workplace privacy, access to data for national security purposes, international data transfers, data localisation requirements, and emerging digital and technology issues.

News & Analysis

Sweden: Cirio acted for Svevind in divestment of its subsidiary Svevind Nordic AB to Statkraft

19 March 2024 by Cirio - Sweden

Cirio has acted for Svevind in the divestment of its Swedish subsidiary Svevind Nordic AB to the power company Statkraft. Svevind Nordic AB is a wind power developer with a substantial portfolio of Swedish wind power projects being in development, having a total capacity of up to 16,000 MW. Svevind Nordic AB is the owner of the Hästliden greenfield wind farm project, located in the third phase of the Markbygden wind farm cluster outside Piteå in Northern Sweden.

News & Analysis

Sweden: Cirio advises Abliva in connection with its fully guaranteed rights issue and a directed issue of convertible bonds

19 March 2024 by Cirio - Sweden

Cirio has acted as legal adviser to Abliva AB (publ) in connection with its fully guaranteed rights issue of SEK 46 million and a directed issue of convertible bonds of SEK 42 million.

News & Analysis

Sweden: Cirio advises Besqab on the combination with Aros Bostad

19 March 2024 by Cirio - Sweden

Besqab AB (publ) (“Besqab”) and Aros Bostadsutveckling AB (publ) (”Aros Bostad”) intends to combine their businesses to form a leading residential property developer. The combination is carried out through a public takeover offer announced on 31 January 2024 whereby the shareholders are offered approx. 1.04 common shares and 0.07 preferential shares of series B in Aros Bostad for each Besqab share. The takeover offer values Besqab at approx. SEK 1.9 billion. Besqab is listed on Nasdaq Stockholm and Aros Bostad on Nasdaq First North Growth Market.

News & Analysis

Sweden: Cirio advises Downing on the acquisition of Blåsjön Nät AB

19 March 2024 by Cirio - Sweden

Cirio has acted for Downing when acquiring the regulated grid company Blåsjön Nät AB, which operates a grid located in Strömsund municipality, with approximately 1,500 customers. This is Downing’s first acquisition of a grid company in Sweden. The total investment amount for the acquisition is approximately SEK 90 million.

News & Analysis

Sweden: Cirio advises French renewables company Smart Energies in its investment in Swedish solar farm projects

19 March 2024 by Cirio - Sweden

Cirio has acted for French renewables company Smart Energies in its investment in a pipeline of existing and future solar farm projects in Sweden, being developed by Swedish solar developer Sunbeam by Helios AB. The investment marks Smart Energies entry on the Swedish market.

News & Analysis

Sweden: Cirio advises Sagax on a SEK 2.1 billion directed share issue

19 March 2024 by Cirio - Sweden

Cirio has advised AB Sagax (publ) in connection with a directed share issue raising proceeds of approximately SEK 2.1 billion.

News & Analysis

Sweden: Cirio advises SignUp Software on SEK 2.4 billion public takeover offer by Insight Partners

19 March 2024 by Cirio - Sweden

Insight Partners have, through SUS Intermediate Company AB, launched a recommended cash offer to the shareholders of SignUp Software AB (publ). The offer values SignUp to approximately SEK 2.4 billion.