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Deal Date: 25-08-2015 Practice Area: Corporate and M&A
Deal Title: ICA Group Cash Offer for Hemtex AB Industry: General Retailers
Description:
Gernandt and Danielsson advised ICA Gruppen in connection with its cash offer to the shareholders of Hemtex in a total value of SEK 719 million. ICA Gruppen AB on 25 August 2015 announced a cash offer to the shareholders of Hemtex AB to acquire all outstanding shares in Hemtex for a consideration of SEK 7.50 cash per share. Gernandt and Danielsson advised ICA Gruppen with a team consisting of Partners Manfred Lofvenhaft and Krister Skoog.
Financial Center: Stockholm Value: 0.00-100.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: Sweden Acquiror Jurisdiction: Germany
Classification: Strategic Buyer Acquisitions Public Company - Recommended Offer
Lawyer Manfred Lofvenhaft