Roschier acts for Basalt Infrastructure Partners in connection with the public tender offer for the shares in Nobina
Basalt Infrastructure Partners, through Ride BidCo, has announced a public offer to the shareholders of Nobina AB (publ) to tender all their shares to Ride BidCo at a price of SEK 108 in cash per share, for a total amount of approximately SEK 9,323 million. Roschier is legal advisor to Basalt Infrastructure Partners in connection with the offer.
The total value of the offer, based on all 86,325,590 outstanding shares in Nobina, amounts to approximately SEK 9,323 million. The shares of Nobina are listed on Nasdaq Stockholm, Mid Cap.
Nobina is the Nordic region’s largest public transport operator. Nobina operates in Sweden, Finland, Norway and Denmark, has approximately 12,000 employees and drives about one million passengers to their destinations every day.
Basalt is an independent infrastructure investor, with a transatlantic focus on mid-market infrastructure, a differentiated approach to deal sourcing and a track-record of specialist investments and value creation in infrastructure through active management since 2011. Focusing on mid-market infrastructure transactions in the utilities, power, transportation and communication sectors in Europe and North America, Basalt currently has funds under management of USD 5 billion, with commitments from a diverse base of blue-chip institutional investors including public and private pension funds, sovereign wealth funds, insurance companies, banks and asset managers.
Roschier’s core advisory team comprises Christoffer Benninge (Partner), Erik Persson, Ellen Pettersson, Mira Lewis and Pontus Berganäs (Corporate & Capital Markets) and Björn Winström (Partner), Tobias Wiberg and Sara Hill (Private M&A).