Vinge has advised Investmentaktiebolaget Latour (publ) in connection with the sale of parts of its shareholdings in ASSA ABLOY and Securitas for a total value of SEK 5 billion.
The shares were sold to Swedish and international institutional investors through two accelerated bookbuilding processes arranged by SEB and J.P. Morgan. Latour remains the principal owner and largest shareholder in both ASSA ABLOY and Securitas. Through these sales, Latour is creating further opportunities to continue investing in its wholly-owned industrial operations.
Vinge’s team consisted of Anders Strid and Edin Agic.
Read the client’s press release.