Vinge Logotype
Svenska English 18D7E0DE-2035-40AE-A740-8F45A358A8F4 Login
  1. Home
  2. Mandates
  3. Vinge has advised Klarna in connection with its acquisition of PriceRunner
Mandate

Vinge has advised Klarna in connection with its acquisition of PriceRunner

November 02, 2021 Banking and Finance EU, Competition and Regulatory M&A IT, Telecommunications and Outsourcing Corporate Crime & Compliance Dispute Resolution Intellectual Property Employment and Benefits Commercial Agreements

Klarna, a leading global retail bank has signed an agreement to acquire PriceRunner. PriceRunner is a leading comparison shopping service in the Nordic region.

The company has more than 170 employees, businesses in Sweden, Denmark, Norway and the United Kingdom and compares 3.4 million products from 22,500 retailers in 25 countries. During the 12-month period ending on Sep 30, 2021, PriceRunner had revenues amounting to MSEK 460. PriceRunner will bring new features in the form of product reviews, rich product discovery and price comparisons to the Klarna app to enhance the shopping, payments and banking experience for consumers globally.

The transaction is subject to customary regulatory approvals.

Vinge’s team primarily consisted of Johan Larsson, Samra Baytar, Stina Bengtsson, Clara Sohlberg and Robin Fagerström (M&A), Sebastian Örndahl and Johan Wahlbom (Competition), Emma Stuart Beck and Henrik Schön (Financial Regulatory), Cecilia Möller Norsted and Anna-Karin Alin (Litigation), Martin Boström, Lisa Hörnqvist and Karl-Hugo Engdahl (IT/GDPR), Klara Secher and Rebecka Målquist (IP), Isabell Nielsen and Mario Saad (Commercial Agreements), Kamyar Najmi and Benjamin Vafaeian (Banking & Financing), Gustav Lindgren (Employment) and Tove Lövgren Frisk (Compliance).

Related

Vinge advises Umia Sweden and other owners in connection with the sale of Umia Stockholm to Sandbäckens

 Umia Stockholm AB was founded in 2016 by Jonas Hedlund, Rolf Danielsson, Ronnie Ketola and Göran Karlsson, and currently has around 60 employees and a turnover of SEK 190 million (2023). The company specialises in electricity, which accounts for 70 % of its business, and ventilation. As part of the acquisition, Umia Stockholm AB will be integrated into the Sandbäckens brand in the near future.
December 11, 2024

Vinge advises Pricer AB in connection with its issuance of senior unsecured bonds and early redemption

 Vinge advises Pricer AB (publ) in connection with its issuance of floating rate senior unsecured bonds of SEK 300 million within a framework of SEK 500 million and early redemption of existing bonds.
December 10, 2024

Vinge has assisted Boliden in the acquisition of the Neves-Corvo and Zinkgruvan mines from Lundin Mining

Boliden has entered into a definitive agreement with Lundin Mining to acquire the Neves-Corvo mine in Portugal and the Zinkgruvan mine in Sweden. The upfront cash consideration for the entities is USD 1,300 m plus contingent payments that can reach up to USD 150 m, on a cash and debt-free basis. The transaction, that considerably strengthens Boliden's mine production as well as internal zinc and copper concentrate supply, is subject to customary regulatory approvals.
December 10, 2024