Mandate

Vinge advises EQT Infrastructure in connection with its divestment of a minority stake in GlobalConnect to Mubadala

Vinge advises EQT Infrastructure III and IV funds (“EQT Infrastructure”) in connection with their divestment of a minority stake in the GlobalConnect group (“GlobalConnect”) to Mubadala Investment Company (“Mubadala”). Having been invested in GlobalConnect since 2017, EQT Infrastructure will remain as the largest shareholder following the closing of the transaction.

GlobalConnect is a fiber-based data communication and data centre services provider to enterprises, public institutions, and consumers in Northern Europe. GlobalConnect’s infrastructure carries more than 50 percent of all internet traffic generated in the Nordics across its network of 150,000 km of fiber infrastructure and 35,000 m2 data centre space, and employs approx. 1,800 people in the region.

By welcoming Mubadala as a minority investor in GlobalConnect, EQT Infrastructure aims to broaden GlobalConnect's long-term shareholder base, while drawing on Mubadala’s prior investment experience in data centre and Fiber-to-the-Home assets in numerous markets.

The transaction is subject to customary conditions and approvals, and is expected to be completed in Q1 2023.

Vinge’s team consisted of Daniel Rosvall, Maria Dahlin Kolvik, Karl Klackenberg, Desirée Hagenfeldt, Viktor Lennartsson, Nina Gransäter, Amanda Steen and Sebastian Saadieh (M&A), Lisa Hörnqvist and Mathilda Persson (Commercial Agreements), Daniel Wendelsson and Victoria Fredén (FDI), Sebastian Örndahl (Antitrust and Telecom Regulatory), Tove Tullberg (Compliance), Axel Jansson and Ida Redander (Banking and Finance), Axel Lennartsson (IP), Kristoffer Larson (Real Estate), Sara Strandberg (Employment), and Sara Dahlros Sköld, Emy Rydén, Julia Hagelberg and Christoffer Widström (VDR).

 

Related news

Vinge advises Ramirent in connection with its acquisition of JIAB

Vinge advises Ramirent AB in connection with its acquisition of JIAB Hyrcenter (consisting of the companies JIAB Hyrcenter AB and JIAB Boden AB). Ramirent thereby further strengthens its position in Norrbotten and as the largest machine rental company in Sweden.
March 21, 2023

Vinge has advised Svea Bank AB in connection with the issuance of Additional Tier 1 Capital of SEK 300 million

Vinge has advised Svea Bank AB (the “Company”) in connection with its issuance of additional tier 1 capital (AT1) of SEK 300 million to optimise its capital structure.
March 14, 2023

Vinge advises Anglo American in connection with investment in the Dannemora mine

Vinge has, together with Norton Rose Fulbright, advised Anglo American Limited in connection with entering into a royalty agreement of USD 10 million and a binding term sheet for an offtake agreement with Dannemora Iron AB. Moreover, Vinge has assisted with thereto related due diligence. Dannemora Iron AB is a wholly owned subsidiary of Grängesberg Exploration Holding AB (publ).
March 14, 2023