Etib Holding has today announced a recommended public offer to the shareholders and holders of convertible notes in Nordic Service Partners Holding AB (NSP) to all outstanding A- and B-shares in NSP, as well as convertible notes issued by the company.
Adelis Equity Partners Fund I AB has entered an agreement with Sobro and minority shareholders to acquire a majority stake in Nordomatic AB. Completion of the acquisition is subject to approval by the Swedish Competition Authority, expected during the end of Q1-2016.
Hannes Snellman acted as counsel to Niam in its acquisition of a portfolio of six modern office properties from Elo Mutual Pension Insurance Company in two independent transactions. The portfolio comprises a total lettable area of approximately 77,000 sqm. All six properties are located within the Helsinki Metropolitan Area with three properties in Espoo, two in Vantaa and one in Helsinki.
Established in 2005, the Client Choice awards recognises those law firms and partners around the world that stand apart for the excellent client care they provide and the quality of their service. The criteria for the awards focus on an ability to add real value to clients' business above and beyond the other players in the market. Uniquely, law firms and partners can only be nominated for these awards by corporate counsel.
Discovery Networks Sweden and Modern Times Group (MTG) Sweden have established a joint venture to combine their regional advertising sales businesses for their respective flagship television channels in Sweden, Kanal 5 and TV3. The new 50:50 JV company, named Airtime Sales, initiated operations on 15 February 2016 as a strong new competitor to TV4, the dominant actor in regional TV advertising in Sweden.
Vanadis Diagnostics AB has been sold to PerkinElmer, Inc. Based in Sweden, Vanadis is developing a novel solution for non-invasive prenatal testing (NIPT) based on digital analysis of cell-free DNA.
The Swedish care companies Solhagagruppen and Nytida are joining forces. The enlarged personal care group will be formed pursuant to an agreement whereby Bridgepoint Development Capital and the minority shareholders of Solhagagruppen have agreed to sell all shares in Solhagagruppen to Ambea AB, who operates within private care and assistance under the brand Nytida.
Elisabeth Vestin, formerly Hoffnell, has been appointed new Specialist Partner and Head of IP & TMT (Intellectual Property & Technology, Media and Telecom) at Hannes Snellman’s Stockholm office. She is responsible for leading and strengthening the firm’s offering within IP & TMT, corporate responsibility and compliance in close cooperation with Hannes Snellman’s IP & TMT operations in Finland and Russia. Elisabeth Vestin took office on 1 January 2016.
Ahlstrom has signed an agreement to divest its building & wind business unit to Owens Corning. Hannes Snellman acted as counsel to Ahlstrom.
Hannes Snellman acts as a counsel to Biotie Therapies Corp. in the public tender offer of its shares and other securities by Acorda Therapeutics. The total value of the offer amounts to USD 363 million.