Gernandt & Danielsson advises Öhman in connection with its investment in Lannebo Fonder

Geely has completed a sale of 3.4 per cent of the shares in Volvo Car AB (publ) by way of an accelerated bookbuilding process. The proceeds from the sale amounted to SEK 3.7 billion.
Gernandt & Danielsson advised Geely with a team consisting of partner Carl Westerberg, senior associate Daniel Sveen and associate Erik Schwartz.

The Swedish Financial Supervisory Authority (“SFSA”) decided on 21 June 2021 to issue a remark against Svea Bank AB together with a penalty fee of SEK 45 million for alleged infringements of the Consumer Credit Act. According to the Financial Supervisory Authority, Svea Bank had not obtained sufficient information about consumers financial situation and its creditworthiness assessment was therefor

Gernandt & Danielsson has represented Baltic Cable AB in a complex case regarding maritime damages concerning substantial loss suffered when a ship damaged the client’s underwater electrical cable between Sweden and Germany. On 14 November 2023, the Supreme Court ruled in favour of
Baltic Cable and one of the counterparties was ordered to pay approximately 11 million euro to Baltic Cable. T

Gernandt & Danielsson has advised Rusta AB (publ) in connection with the IPO and listing of the company’s shares on Nasdaq Stockholm.

Gernandt & Danielsson has advised Vestum AB (publ) (“Vestum") in connection with an issue of bonds in a total amount of SEK 600 million in a new series of 2023/2026. Vestum will apply for admission to trading of the bonds on Nasdaq Stockholm. Gernandt & Danielsson also advised in Vestum's tender offer of bonds of series 2021/2024, for which the proceeds from the newly issued bonds have be

Gernandt & Danielsson has advised Modern Times Group MTG AB (publ) (”MTG”) in connection with its acquisition of a 70% majority stake in Snowprint Studios AB ("Snowprint") with options to increase the ownership to 100% over time.

The Swedish Consumer Agency decided on 30 September 2022 to issue a warning against MoneyGo AB together with a maximum penalty fee of SEK 10 million for alleged infringements of the Consumer Credit Act. According to the Consumer Agency, MoneyGo had not obtained sufficient information about consumers financial situation and its creditworthiness assessment was therefore insufficient. The Administra

Gernandt & Danielsson has advised Balco Group AB (”Balco”) in connection with its acquisition of the Finnish company Riikku Group, a company active on the Finnish balcony market, for a purchase price of EUR 15 million. Balco is active in the balcony industry and is listed on Nasdaq Stockholm.

Gernandt & Danielsson has advised Breakthrough Energy Catalyst in connection with its investment in the Ørsted FlagshipONE project.

Gernandt & Danielsson advises Stirling Square, TA and Giant Bidco in connection with a public offer to the shareholders of Byggfakta.

Gernandt & Danielsson has advised Catena Media plc ("Catena Media") in connection with the sale of Catena Media’s Italian online sports betting and casino business to two different buyers for a total purchase price of EUR 19.8 million to be paid in three tranches. The divestment concludes the strategic review carried out by Catena Media since May 2022.

Gernandt & Danielsson has advised Molindo Energy AB ("Molindo") in connection with its investment in Nanosized sweden AB ("Nanosized").

Gernandt & Danielsson has advised ICA-handlarnas Förbund Finans AB ("IHF") in connection with its investment in Hagabacken Fastighets AB ("Hagabacken"). Hagabacken is a real estate company that invests in real estate, mainly in Sweden.

Gernandt & Danielsson has advised Nordiska Kreditmarknadsaktiebolaget (publ) (”Nordiska”) in connection with its acquisition of Release Finans. As part of the acquisition, active owners in Release Finans will receive shares in Nordiska.