Mandate

Vinge advises the Second Swedish National Pension Fund and the Sixth Swedish National Pension Fund and their portfolio company Norrporten AB (publ) in relation to an exit process

April 15, 2016

Vinge advises the Second Swedish National Pension Fund and the Sixth Swedish National Pension Fund and their portfolio company Norrporten AB (publ) in relation to the exit process entailing a sale of Norrporten to a private buyer or an IPO and listing of shares in Norrporten on Nasdaq Stockholm.

The exit process resulted in a sale of Norrporten to Castellum AB (publ), listed on Nasdaq Stockholm, at a price of SEK 14.0 billion, based on an issue price in Castellum’s issue in kind of SEK 133 per share and including a dividend of SEK 464 million. Castellum will at closing pay SEK 10.4 billion in cash and 23.41 million Castellum shares to the AP-funds. Prior to the sale, Norrporten had been approved for listing on Nasdaq Stockholm by Nasdaq Stockholm’s listing committee.
 
Norrporten is one of Sweden’s largest office property companies with centrally located properties in Swedish urban growth centres and in Copenhagen. As of 31 December 2015, Norrporten’s property portfolio across eleven geographical market areas comprised 120 properties with a total leasable area of more than 1,140,000 square metres and an aggregate property value of SEK 25.8 billion.
 
Vinge’s team primarily consisted of Charlotte Levin, Fredrik Sonander, Joakim Hagberg, Erik Claesson, Nils Fredrik Dehlin and Joel Wahlberg. Maria Schultzberg, Emilie Parland, Ulf Käll and Victor Ericsson assisted in tax related matters, Albert Wållgren and Linn Adelwald assisted in financing related matters, Anna Palmérus and Karin Wisénius in competition law related matters and Åsa Gotthardsson assisted in employment law related matters.

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