Vinge has advised Morrow Bank in connection with its reverse cross-border merger, whereby Morrow Bank AB is taking over Morrow Bank ASA. The Norwegian bank was previously listed on the Oslo Stock Exchange which was today transferred to Nasdaq Stockholm. Vinge has previously assisted Morrow Bank in obtaining a Swedish banking licence.
– The listing reflects the transformation we have executed over the past three years. We have built a scalable platform delivering efficiency, solid credit performance and earnings growth versus our Nordic consumer finance peers. Redomiciling to Sweden reduces capital requirements and levels the playing field, said Øyvind Oanes, CEO of Morrow Bank.
Vinge’s team consisted of Emma Stuart-Beck, Elias Bohlin, Henrik Schön, Caroline Krassén, David Flodin, Ebba Gäbel and Felicia Sandén (Financial Services), Rikard Lindahl, Joel Magnusson, Carl Lexenberg and Julia Jönsson (Corporate Public), as well as Siri Blomberg (IT&GDPR), Sam Seddigh, Alice Göransson and Louisa Fagarasan (Employment), Ian Jonsson and Filippa Eriksson (IP), Hedvig Ekdahl and Therese Baltzarsson (Commercial Agreements), Hedvig Merkel (Real Estate), Victor Ericsson, Maria Schultzberg and Vilma Henriksson (Tax), Diana Kanold and Alice Vångell (VDR).
