Vinge has advised Baseload Capital Holding AB in connection with a financing round of approximately SEK 500 million. The financing consists of (i) the issuance of convertible debentures of USD 24 million to current and new investors and (ii) a convertible term facility of EUR 25 million from Sustainable Development Capital (SDCL) to finance development of current and future geothermal energy facilities.
Vinge has advised Spring Media in conjunction with its acquisition of the Dutch based sports media agency Athletic Sports Group together with its subsidiary Fight Globe.
Vinge has acted for NatWest Markets N.V. as senior noteholder in connection with an amendment and restatement of the existing note facilities agreement with DBT Capital AB as originator and its subsidiary as issuer (jointly “DBT”). The amendment and restatement included, among other things, an increase of the aggregate amount of the facilities to up to SEK 3,100,000,000 and an introduction of an entity controlled by global investment firm Värde Partners as a mezzanine noteholder. The financing is part of a securitisation of secured loans to small and medium sized enterprises (SMEs) originated by DBT.
Vinge has advised the German company Night Train Media GmbH, part of the Serafin Group, in connection with its acquisition of Eccho Rights AB from the Korean media group CJ ENM Co., Ltd.
Vinge has advised Xspray Pharma, a pharmaceutical company with several product candidates in clinical development listed on Nasdaq Stockholm, in connection with a share issue whereby the company raises proceeds of SEK 100 million.
Vinge, alongside Covington & Burling LLP, has advised Cameco Corporation in their acquisition of Westinghouse Electric Company in a deal valued at USD 7.875 billion. Cameco together with Brookfield Renewable Partners will acquire all shares in Westinghouse Electric Company and upon completion Cameco will beneficially own a 49% interest and Brookfield Renewable, with its institutional partners, will beneficially own a 51% interest.
Vinge advises EQT Infrastructure III and IV funds (“EQT Infrastructure”) in connection with their divestment of a minority stake in the GlobalConnect group (“GlobalConnect”) to Mubadala Investment Company (“Mubadala”). Having been invested in GlobalConnect since 2017, EQT Infrastructure will remain as the largest shareholder following the closing of the transaction.
Vinge has advised Helix Kapital in connection with L5 Navigation Systems inviting Helix Kapital to be stakeholder for continued international expansion. L5 Navigation Systems is a leading company within the field of positioning technology for machine control and GNSS measuring.
Vinge has advised Nordea Bank Abp, filial i Sverige, Corporate Finance in connection with the rendering of a fairness opinion regarding Karo Intressenter’s public offer to the shareholders of Karo Pharma AB.
Conmore Ingenjörsbyrå AB is a technology consultancy company which has fulfilled the expectations of large industry groups for more than 30 years, by way of supplying their expertise in the fields of mechanics, built-in systems and electronics within the vehicle, railway and energy sectors. The acquisition was made by Astek Group.
Investment AB Latour has, through its wholly-owned subsidiary Latour Industries AB, acquired the two companies Soft Design RTS AB and atab autmationsteknik AB (jointly MAXAGV) from the founders and management.
