Mandate

Vinge advises AcadeMedia in connection with the public offer from Providence

April 22, 2010

Vinge advises AcadeMedia AB (publ) ("AcadeMedia") in connection with the public offer from Providence for all outstanding shares in AcadeMedia, which was announced on 22 April 2010. Providence offers SEK 170 for each share in AcadeMedia and the total value of the offer amounts to SEK 2,050 million. Providence has received undertakings to accept the offer from some of the major shareholders in AcadeMedia, who together own shares corresponding to approximately 17.4 per cent of all outstanding shares and votes in AcadeMedia. The offer is recommended by the bid committee of AcadeMedia which has been appointed in connection with the offer.
 
AcadeMedia is the largest education company in Sweden. AcadeMedia currently has approximately 45,000 students and course attendants, in excess of 100 schools and around 2,500 employees with operations within the entire Swedish education area: pre-, compulsory-, and upper secondary schools and within adult education. The operations are conducted through independent schools and companies such as Vittra, NTI, Rytmus, IT-Gymnasiet, Ljud & Bildskolan and Mikael Elias Teoretiska Gymnasium. AcadeMedia is listed on NASDAQ OMX Stockholm, Small Cap.

Vinge's team consists of Göran Nyström and Dain Nevonen. Erik Sjöman and Jesper Schönbeck have advised in certain matters related to capital markets law.
 

Related

Vinge advises the founders of Modular Finance in connection with a transaction with Sprints

Vinge advises the founders of Modular Finance in connection with a sale of approximately 40% of the shares in the company to Sprints.
December 08, 2023

Vinge has advised Oxx in connection with the establishment of Oxx II

Oxx closes its second fund generation with USD 190 million in commitments from an international investor base, and thereby increases the fund size by 40% since its latest fund announcement.
December 07, 2023

Vinge has advised Cell Impact in connection with its rights issue

Vinge has advised Cell Impact AB (publ) in connection with a partly guaranteed rights issue which will provide Cell Impact with issue proceeds of SEK 129 million before deduction of transaction costs
December 06, 2023