Mandate

Vinge advises EQT Infrastructure IV and III (“EQT Infrastructure”) in the merger between GlobalConnect and IP-Only

January 23, 2020

EQT Infrastructure combines GlobalConnect and IP-Only.

The combined entity will be better positioned to serve the growing demand of national and international customers, and the scale of the combined organization will allow strengthened innovation and investment to bring new technologies and solutions faster to the market.

IP-Only owns and operates more than 16,000 km fiber-based network infrastructure that, together with leased lines, covers 230 out of 290 Swedish municipalities. The company today connects more than 230,000 homes and serves more than 3,000 business customers.

GlobalConnect is the leading alternative fiber-based data communication and data center services provider in Norway, Denmark and Northern Germany. In total, the company owns and operates approximately 42,000 km of fiber-based network and 18,000 sqm of data center space. GlobalConnect has around 24,000 business customers and serves around 83,000 private customers in Norway through its Homenet brand.

Vinge has advised EQT Infrastructure in connection with the merger.

Vinge’s team consisted of Daniel Rosvall, Karl Klackenberg, Isabelle Jengsell and Milad Kamali (M&A and Restructuring), Fredrik Dahl and Sara Strandberg (Employment), Sebastian Örndahl (Anti-trust and Regulatory) and Mathilda Persson (Commercial Agreements).

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