Mandate Vinge has advised Embracer in connection with a new SEK 3,000,000,000 credit facility

December 18, 2020

Vinge has advised Embracer Group AB (publ) in connection with the signing of a new SEK 3,000,000,000 credit facility for, amongst other things, M&A purposes, with Nordea Bank Abp, filial i Sverige.

Embracer Group is the parent company of businesses developing and publishing PC, console and mobile games for the global games market. With its head office based in Karlstad, Sweden, Embracer Group has a global presence through its six operative groups: THQ Nordic GmbH, Koch Media GmbH/Deep Silver, Coffee Stain AB, Amplifier Game Invest, Saber Interactive and DECA Games. The Group has 55 internal game development studios and is engaging more than 5,000 employees and contracted employers in more than 40 countries.

Vinge’s team consisted of Louise Brorsson Salomon, Lionardo Ojeda and Felix Möller.

 

Sanctions round-up

Not long time ago sanctions were a rare occurrence which only involved obscure products and countries, and which were decided by the members of the United Nations Security Council. Today, the European Union and, in particular, the United States, impose sanctions and other trade restrictions with high frequency which have the potential to affect any type of transaction. Below you will find a summary of some recent developments.
December 22, 2020

EU Commission criticizes Sweden for its application of the rules on combined transports

Through a formal notice to Sweden, the European Commission has criticized the inadequate application of Directive 92/106/ECC on common rules for certain forms of combined transport of goods between Member States (the “Combined Transports Directive”). The notice mainly concerns the Swedish Transport Agency's application of the term "nearest suitable railway station"
December 11, 2020