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RNB puts an offer in for JC

July 20, 2006

The clothing chain RNB is placing an offer for JC valued at SEK 2.24 billion. The payment supposedly will take the form of a combination of cash and newly issued shares in RNB. RNB has had a history of cooperating on purchases in Asia with New Wave, where JC's principle owner Torsten Jansson, is the CEO.

Vinge acted as advisor to RNB during the bidding. Representatives from Vinge included Göran Nyström, Lennart Larsson, Mikael Ståhl and Ola Sandersson.

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