Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge advises Dollar Financial Corp on its acquisition of Folkia
Mandate

Vinge advises Dollar Financial Corp on its acquisition of Folkia

August 30, 2010

Vinge is acting as Swedish counsel to Dollar Financial Corp in connection with Dollar Financial Corp's acquisition of Folkia Group AS, a leading Scandinavian internet lending business with headquarters in Stockholm, Sweden. Dollar Financial Corp is a leading international diversified financial services company primarily serving unbanked and under-banked consumers. Folkia, which was founded in 2006, currently originates loans through both internet and SMS text cell phone technology in four countries; Sweden, Finland, Denmark, and Estonia. The completion of the acquisition is contingent upon customary closing conditions, including local regulatory approval.

The Vinge team advising Dollar Financial Corp includes corporate partner Jan Byström and corporate associates Martina Engström and Anna-Sofia Nilsson Prevell. Partner Fredrik Dahl and associate Philip Watson are providing employment benefits advice. Partner Mikael Ståhl and associates Dan Hanqvist and Adam Weissbach are providing financial services and regulatory advice.

Related

Vinge advises Humana in its acquisition of Team Olivia Norge AS

Humana Group ("Humana") strengthens its offering of high-quality care services in Norway as Human Care Holding AS ("Humana Norway") has entered into an agreement to acquire Team Olivia Norge AS for a purchase price of million SEK 341 on a cash- and debt-free basis.
May 17, 2024

Vinge advises Stendörren in connection with issuance of green capital securities and tender offer

 Vinge has advised Stendörren Fastigheter AB in connection with its issuance of green subordinated and perpetual capital securities in an amount of SEK 300 million (within a framework of SEK 400 million) and its parallel tender offer in respect of its previously issued capital securities.
May 17, 2024

Vinge has advised Stockholm Exergi AB in connection with the conclusion of a permanent carbon removal agreement with Microsoft, the world’s largest to date

 Vinge has advised Stockholm Exergi in connection with the conclusion of a permanent carbon removal agreement with Microsoft, covering 3.33 million tonnes of permanent carbon removals from bio-energy with carbon capture and storage (BECCS) at Värtan, Stockholm. The agreement is the world’s largest permanent carbon removal deal to date.
May 16, 2024