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Vinge advises Electra Gruppen in connection with the merger with Elon Group

December 09, 2021

Electra Gruppen, listed on Nasdaq Stockholm, develops and operates concepts for retail chains with independent entrepreneurs, especially within consumer electronics, and is a flexible logistics partner that offers advanced IT and logistics solutions. Electra Gruppen’s merger with Elon Group creates the leading voluntary specialist retail chain in the Nordic region for home products with a focus on kitchens, appliances, consumer electronics, lighting and interior design, offered to consumers and businesses.

Based on the closing price of Electra Gruppen’s share on 6 December 2021 of SEK 65.0 per share, the value of the Electra Gruppen shares issued amounts to approximately SEK 628 million. The merger is intended to be carried out during the first half of 2022.

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