Mandate

Vinge has advised EQT in connection with the combination with Exeter Property Group

January 26, 2021

Vinge has advised EQT in connection with the signing of a combination with Exeter Property Group, a global leading real estate investment manager with more than $ 10 billion of assets under management. The total consideration amounts to MUSD 1,870.

Through the transaction, EQT will acquire 100 percent of the Exeter management company and 25 percent of the carried interest in selected existing Exeter funds. Ward Fitzgerald and other Exeter management shareholders will receive their consideration partly in newly issued EQT ordinary shares and partly in cash.

The transaction is subject to customary closing condition and the completion is expected to be carried out at the beginning of the second quarter of 2021.

Vinge’s team mainly consists of Dain Hård Nevonen, Erik Sjöman, Linnéa Sellström, Hampus Olsson and Joel Magnusson, Marcus Glader, Emma Johansson and Johan Wahlbom.

The Swedish rules on cabotage transport and posting will change on 2 and 21 February 2022

The Swedish government has decided on a number of new rules concerning cabotage transports, combined transports, transport customer responsibility for driving and rest times and posting of workers.
January 21, 2022

Vinge presents the Swedish chapter for the 2022 version of The Legal 500: Private Equity Country Comparative Guide

The guide provides an overview of the Swedish Private Equity market and the salient legislation in connection with PE transactions in Sweden.
January 11, 2022

The prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings

On Tuesday 21 December, the EU Court of Justice delivered its long-awaited judgment in the Bank Melli Iran case (Case C-124/20) on the interpretation of the EU Blocking Statute regarding compliance with third country sanctions. According to the Court, the prohibition imposed by EU law on complying with secondary sanctions laid down by the United States against Iran may be relied on in civil proceedings. Following the Court’s judgment, anyone seeking to terminate a contract with a person or business subject to US sanctions must thoroughly consider if the termination is motivated by other reasons than the existing sanctions and reflect on whether to apply to the Commission for a derogation from the Blocking Statute.
December 23, 2021