Roschier represents Stena Adactum in the SEK 1.2 billion mandatory public offer to the shareholders of Svedbergs
Investment company Stena Adactum AB has announced a SEK 1.2 billion mandatory public cash offer to the shareholders in Svedbergs i Dalstorp AB, a leading bathroom furniture supplier in the Nordic region. Roschier acts as legal advisor to Stena Adactum in connection with the offer.
In the public offer, Stena Adactum offered the shareholders in Svedbergs to tender all shares in Svedbergs at a price of SEK 50 in cash per share. The shares of series B in Svedbergs are listed on Nasdaq Stockholm, Small Cap.
The completion of the offer is solely conditional upon the receipt of all necessary approvals from the relevant competition authorities being obtained, in each case on terms which, in Stena Adactum’s opinion, are acceptable. An offer document is expected to be made public on 1 April 2022. The acceptance period for the offer is expected to commence on 4 April 2022 and expire on 4 May 2022.
Roschier’s main advisory team comprises Jens Bengtsson, Ola Sandersson, Erik Ellenius, Ellen Pettersson and Gustaf Zakrisson.