Mandate

Vinge represents Solidium in connection with SSAB’s combination with Rautaruukki

January 24, 2014

SSAB AB (publ) (NASDAQ OMX Stockholm) has made a recommended public share exchange offer for Rautaruukki Oyj (NASDAQ OMX Helsinki). Rautaruukki’s largest shareholder is Solidium Oy, which is wholly owned by the State of Finland. Upon completion of the combination, Solidium will become a major shareholder of the combined group, together with SSAB’s current largest shareholder, Industrivärden. The total value of the share exchange offer amounts to SEK 10.1 billion (EUR 1.1 billion). 

Vinge represents Solidium in matters relating to Swedish law. The Vinge team consists of capital markets and public M&A partners Göran Nyström and Erik Sjöman

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