Setterwalls has been the advisor of HQ AB (publ) since the company publicly announced its requirement to strengthen its capital base due to losses in its trading operation. Setterwalls has, inter alia, advised HQ in connection with the proposed and guaranteed rights issue of SEK 1 billion, and the sale of HQ Fonder to Investment AB Öresund for SEK 850 million to assure HQ’s short-term capital requirement.
Due to the decision of the Swedish Financial Supervisory Authority on 28 August 2010 to revoke all licenses of the subsidiary HQ Bank AB, and to apply for involuntary liquidation of the company, HQ has decided to withdraw the proposed rights issue. Setterwalls has thereafter advised HQ in connection with the sales measures that have been taken due to the decision of the Swedish Financial Supervisory Authority, which lead to HQ transferring all shares with preferential rights in HQ Bank to the Carnegie Group.
Setterwalls team consisted of Åke J Fors (partner in charge), Anders Ackebo, Johan Strömbäck, Henrik Fagö, Maria Nilsson and Magnus Staaf.
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1.
5/16/2012
Setterwalls advisor for Brinova Fastigheter in major takeover bid
Setterwalls assists Brinova Fastigheter AB (publ) in connection with the public takeover bid from Backahill Holding AB. The bid means that all shares in Brinova are valued at ...
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2.
5/15/2012
Setterwalls has assisted Bain Capital in connection with the acquisition of Bravida
Setterwalls has assisted Bain Capital in connection with the acquisition of Bravida, Scandinavia's premier integrated supplier of technical installation and service solutions ...
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3.
5/3/2012
Setterwalls has acted as legal advisor to PE fund FSN Capital in the sale of Via Travel to Egencia
Setterwalls has acted as legal advisor to the private equity fund FSN Capital in the sale of Via Travel - the largest travel market company in Sweden and in the Nordics - to E...
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4.
5/3/2012
Setterwalls advises Bure when selling holdings in Carnegie and Max Matthiessen
Bure Equity has sold all of its shares in Carnegie Holding, Carnegie Asset Management and Max Matthiessen to Altor Fund III. The sales price consists of a cash payment of SEK ...
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5.
4/19/2012
Setterwalls Stockholm County Council’s advisor in the procurement of emergency healthcare at S:t Göran’s hospital
The recently completed procurement process for the operation of S:t Göran’s hospital is estimated to be one of the largest in the world within emergency healthcare. The contra...
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6.
4/18/2012
Setterwalls assists Peab on assignment worth billions
Peab has been assigned by Northland Logistics AB to transport iron ore by truck from an iron ore mine near Kaunisvaara near Pajala to a transload facility located in Pitkäjärv...
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7.
4/12/2012
Setterwalls advisor when Arlandastad sells land
Arlandastad Holding AB has sold a lot of land to Bockasjö AB by the E4 at the Arlanda Airport exit outside Stockholm. The area of the land is 120.000 square meters. Thro...
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8.
4/10/2012
Setterwalls assists Delivery Hero in acquisition of OnlinePizza
Setterwalls has assisted the German company Delivery Hero in its acquisition of OnlinePizza Norden AB. Investors in Delivery Hero include runet, e-Tengelmann, Kite Ventures, H...
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9.
3/16/2012
Setterwalls assists Skanska in a dispute against Luftfartsverket (the Swedish Civil Aviation Authority)
Skanska is entitled to payment of approximately SEK 60 million including interest and litigation costs for ground reinforcement work at the building of a parking garage at Lan...
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10.
3/8/2012
Setterwalls advises in the sale of Biomain
On March 1, the German company Heraeus Dental, which is part of the precious metals and technology group Heraeus, headquartered in Hanau, Germany, acquired all shares in Bioma...