Mandate

Vinge advises AcadeMedia in relation to its listing on Nasdaq Stockholm

June 15, 2016

Vinge advises AcadeMedia AB (publ) and selling shareholders in relation to AcadeMedia’s listing on Nasdaq Stockholm. Trading in the AcadeMedia share on Nasdaq Stockholm commences today, June 15 2016. The price in the offering was set at SEK 40 per share, which corresponds to a value of the total number of shares in the company upon completion of the offering of SEK 3,764 million. Assuming the over-allotment option is exercised in full, the value of the offering will amount to approximately SEK 1,093 million.

AcadeMedia is the leading and single largest independent education provider in northern Europe. In 2014/15, approximately 62,000 children and students attended AcadeMedia’s preschools, compulsory schools and upper secondary schools. An additional 80,000 individuals participated in AcadeMedia’s adult education courses. In 2014/15, AcadeMedia had approximately 400 preschools, compulsory schools and upper secondary schools in Sweden and Norway and approximately 150 adult education units in Sweden. AcadeMedia also has seven preschools in the Munich region of Germany. AcadeMedia has operations throughout the education chain, from preschool, compulsory school and upper secondary school to adult education.

Vinge’s team primarily consists of Erik Sjöman, Dain Hård Nevonen, Christian Lindhé, Ludvig Frithiof, Sofie Bjärtun, Nils Fredrik Dehlin and Astrid Karlsson. Maria Schultzberg and Emelie Parland advise on tax matters.

The Swedish rules on cabotage transport and posting will change on 2 and 21 February 2022

The Swedish government has decided on a number of new rules concerning cabotage transports, combined transports, transport customer responsibility for driving and rest times and posting of workers.
January 21, 2022

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021