Rikard Stenberg | White & Case LLP International Law Firm, Global Law Practice
Rikard Stenberg
Rikard Stenberg

Rikard Stenberg

Partner, Stockholm

“Rikard Stenberg wins plaudits for his thorough understanding of both Capital Markets and public M&A matters. Clients highlight that ‘he is very, very technically skilled, very thorough and very creative.’”

IFLR 1000, 2014

Overview

Acclaimed lawyer Rikard Stenberg supports clients with a wide variety of capital markets transactions and public M&A.

His deep knowledge of the Nordic business environment is matched by the international breadth of his transactional experience. These qualities make him a valued asset for domestic and multinational issuers, owners and underwriters, who have come to rely on Rikard's skillful handling of a broad array of capital markets transactions, including IPOs, spin-offs, rights issues and convertible bonds offerings.

Experienced in representing both sponsors and strategic buyers, Rikard's public M&A track record spans a wide range of domestic and international buy-outs, merger of equals and reversed takeovers.

He has also developed a strong advisory practice, counseling Swedish listed companies on their corporate governance and long-term variable remuneration programs.

Bars and Courts

  • Swedish Bar

Education

  • LLM, Juris kandidat, Stockholm University

Languages

  • Swedish
  • English

Experience

Capital Markets transactions:

    

Bravida, 2015
Rikard represented Morgan Stanley, Nordea, Deutsche Bank and SEB as underwrites in connection with Bravida's SEK 3.2 billion IPO and NASDAQ Stockholm listing and US and international offering of ordinary shares pursuant to 144A and Reg S by Bain Capital.

Capio, 2015
Rikard represented J.P. Morgan, SEB, Deutsch Bank and Carnegie as underwrites in connection with Capio's SEK 2.7 billion million IPO and NASDAQ Stockholm listing and US and international offering of ordinary shares pursuant to 144A and Reg S by the company and the owners, Nordic Capital and Apax.

Alimak Group, 2015
Rikard represented Citi and SEB as underwrites in connection with Alimak Group's SEK 2.5billion IPO and NASDAQ Stockholm listing and US and international offering of ordinary shares pursuant to 144A and Reg S by Triton.

Coor Service Management, 2015
Rikard represented UBS, Nordea and Carnegie as underwrites in connection with Coor Service Management's SEK 2.5 billion IPO and NASDAQ Stockholm listing and US and tinternational offering of ordinary shares pursuant to 144A and Reg S by the company and Bain Capital.

Troax, 2015
Rikard represented Carnegie and Svenska Handelsbanken as underwriters in connection with Troax's SEK 813 million IPO and NASDAQ Stockholm listing and offering of shares by FSN Capital.

Inwido, 2014
Rikard represented Svenska Handelsbanken, Carnegie and SEB as underwriters, in connection with Inwido's SEK 2,946 million IPO and NASDAQ Stockholm listing and US and the international offering of ordinary shares pursuant to 144A and Reg S by Ratos, the principal shareholder of the company.

Rezidor Hotel Group, 2014
Rikard represented Rezidor Hotel Group, a leading international hotel management company, in connection with its €60 million rights issue of ordinary shares.

Sanitec, 2014 and 2013
Rikard represented Sanitec, the leading pan-European multi-brand bathroom ceramics specialist, and its principal shareholder EQT in connection with the company's SEK 3,660 million IPO and NASDAQ Stockholm listing, as well as its US and international offering of ordinary shares pursuant to 144A and Reg. S in 2013. He also represented EQT in connection with its €38 million accelerated book-build of Munksjö shares executed in May 2014.

Byggmax, 2010
Rikard represented Byggmax, the Nordic DIY building materials retailer, and its principal shareholder Altor, in connection with the company's SEK 1.2 billion IPO and NASDAQ Stockholm listing and US and international offering of ordinary shares pursuant to 144A and Reg. S.

SAS, 2010 and 2009
Rikard represented J.P. Morgan, Nordea and SEB as the underwriters of airline carrier SAS' SEK 5 billion rights issue of ordinary shares in 2010, as well as in the SEK 6 billion rights issue in 2009. In addition, he represented J.P. Morgan as manager of SAS' SEK 1.6 billion convertible bond issuance in 2010.

Swedbank, 2009 and 2008
Rikard represented Bank of America Merrill Lynch and Credit Suisse as the underwriters of Swedbank's SEK 15 billion rights issue of ordinary shares in 2009 and in 2008 he represented Bank of America Merrill Lynch and J.P. Morgan and as the joint bookrunners of Swedbank's SEK 12 billion rights issue of preferential shares.
  

Public M&A transactions:

    
Sanitec, 2014
Rikard represented EQT in its capacity as principal shareholder of Sanitec, in the SEK 9.7 billion offer by Geberit Aktiengesellschaft for all of the shares in Sanitec.

Munksjö, 2013
Rikard represented Munksjö and its principal shareholder EQT, in connection with the business combination of Munksjö with the Label & Processing division of Finnish listed company Ahlstrom, creating a globally leading specialty paper company listed on NASDAQ Helsinki in connection with the combination.

Kamic, 2011
Rikard represented Kamic in its successful SEK 215 million tender offer for ElektronikGruppen, a Nordic supplier of components and systems for the electronics industry.

Schulthess, 2011
Rikard represented Schulthess, the SIX Swiss Exchange listed heating, cooling and washing technology provider, in the CHF 638 million mixed consideration offer for the company by NASDAQ Stockholm listed NIBE, the pan-European heat pump manufacturer.

Alliance Oil, 2008
Rikard represented privately held downstream Alliance Oil of Russia, in the successful US$1.5 billion reversed takeover of NASDAQ Stockholm-listed West Siberian Resources, the Bermuda incorporated Russian upstream oil company.

Powerwave Technologies, 2004
Rikard represented California-based NASDAQ NY listed Powerwave Technologies in its successful strategic combination with and SEK 3 billion exchange offer for NASDAQ Stockholm-listed LGP Allgon, the radio and mobile communications solutions supplier, as well as in the secondary listing of Powerwave Technologies on NASDAQ Stockholm.

LGP, 2003
Rikard represented NASDAQ Stockholm listed LGP in its successful strategic combination with and SEK 760 million exchange offer for NASDAQ Stockholm-listed Allgon.

Avesta Sheffield, 2001
Rikard represented NASDAQ Stockholm-listed Avesta Sheffield in Finnish Outokumpu Steel's SEK 19 billion strategic combination with Avesta Sheffield.

AP Fastigheter, 2000
Rikard represented AP Fastigheter in the successful SEK 1,800 million tender offer for NASDAQ Stockholm-listed real property company Anders Diös.

Sands Petroleum, 1999
Rikard represented Sands Petroleum in its successful exchange offer for IPC, the Canada-incorporated upstream oil and gas company.
    

Awards & Recognition

Leading Lawyer: Capital Markets, IFLR 1000 2014

Leading Lawyer: Capital Markets – Equity, Chambers Europe 2014, Chambers Global 2014