Mandate

Vinge has advised Carrier in connection with the sale of its remaining stake in Beijer Ref

December 08, 2020

Carrier Global Corporation (“Carrier”) is a leading global provider of heating, ventilating and air conditioning (HVAC), refrigeration, fire, security and building automation technologies, and is listed on the New York Stock Exchange. Beijer Ref AB (publ) (“Beijer Ref”) provides commercial and industrial refrigeration as well as heating and air conditioning products and is listed on Nasdaq Stockholm.

Carrier announced on 7 December 2020 that the company had signed a definitive agreement to sell its remaining interest in Beijer Ref to a fund managed by EQT. Under the terms of the agreement with EQT, Carrier’s remaining interest will be sold for a total value of approximately USD 1.1 billion (SEK 9.2 billion). The transaction is expected to close by the end of December 2020, subject to the receipt of a required regulatory approval. The sale follows an accelerated equity offering that occurred in September 2020 through which Carrier sold 9.25 million B shares of Beijer Ref and received proceeds of approximately USD 300 million.  

Vinge’s team consisted of Charlotte Levin, Linnéa Sellström and Anders Sundin Lundberg.

The REPowerEU Plan – The EU Commission’s response to the energy market disruptions

On 18 May 2022, the EU Commission presented the REPowerEU Plan in response to the current world-wide energy market disruptions which have been caused by Russia’s invasion of Ukraine.
May 24, 2022

Sanctions update April 14

Further to our previous sanctions updates Sanctions update March 16, Sanctions Newsletter update 11 of March, Sanctions newsletter of 3 of March, Sanctions newsletter of 25 of February, we herewith provide a further update of recent sanctions developments following Russia’s war against Ukraine:
April 14, 2022

New guidance on sustainability agreements between competitors

On 1 March 2022, the European Commission published draft revised guidelines on co-operation between competitors, together with draft revised block exemption regulations for specialisation agreements and R&D agreements. Unlike the current guidelines, which expire on 31 December 2022, the new guidelines include a chapter on the assessment of so-called sustainability agreements.
April 01, 2022