Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 15-07-2015 | Practice Area: | Corporate and M&A |
| Deal Title: | Novo A/S and Tryghedsgruppen Acquisition of Majority Stake in DADES A/S | Industry: | Real Estate Investment & Services |
| Description: |
Novo A/S and Tryghedsgruppen acquire a total of 50.1% of the share capital of the property company DADES A/S.
Aase og Ejnar Danielsens Fond remained the largest shareholder with 46.5% of the share capital, while Novo A/S had 37.7% and TryghedsGruppen has 12.4%. Novo and TryghedsGruppen made a commitment to contribute additional capital of DKK 1.7bn into DADES for the purpose of new property investments.
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| Financial Center: | Copenhagen | Value: | 100.01-500.00 |
| Advised Party: | Acquiror | Law Firm | Accura |
| Target Company Jurisdiction: | Denmark | Acquiror Jurisdiction: | Denmark |
| Classification: |
Strategic Buyer Acquisitions Private Company |
Lawyer | Morten Jensen |
