News

Hannes Snellman Advisor in SSAB’s SEK 5 billion Rights Issue

22 April 2016

SSAB has today announced a SEK 5 billion rights issue. Solidium, a limited company wholly owned by the State of Finland, has a 17.1 % holding of all shares in SSAB and is thereby the company’s largest shareholder. Solidium and AB Industrivärden, SSAB’s other major shareholder, have both committed to subscribe for new shares pro rata their current holdings in SSAB.

Hannes Snellman acted as counsel to Solidium in connection with the rights issue with a team consisting of Sören Lindström, Björn Kristiansson and Anna Partovi.