Global law firm White & Case LLP has advised EQT on the sale of non-listed A shares in Beijer Ref AB (publ) to Melker Schörling AB (MSAB), and Citi, DNB Carnegie, Jefferies and Mizuho Bank as managers in the subsequent sell down of EQT's remaining B shares in Beijer Ref through an accelerated book building process.
Following completion of the transactions, EQT will have fully exited and divested all its shares in Beijer Ref and MSAB will become the largest shareholder in Beijer Ref in terms of voting rights, holding 14.1 percent of the votes.
The closing of the sale of the A shares to MSAB is subject to customary regulatory approvals.
EQT is a purpose-driven global investment organization focused on active ownership strategies.
Listed on Nasdaq Stockholm and headquartered in Sweden, Beijer Ref is a wholesale company that provides refrigeration, air conditioning and heating solutions in over 45 countries.
The White & Case team which advised on the transaction was led by partners Patrik Erblad (Stockholm & London) and Johan Thiman (Stockholm), and included partner Mikko Hulkko (Helsinki), counsel Thomas Killeen (Helsinki) and Nima Naderi (Stockholm) and associates Jonas Brandt, Simon Strömbäck and Olivia Engberg (all Stockholm).
Press contact
For more information please speak to your local media contact.
