Wikborg Rein assisted Svelland Capital (UK) Ltd and the Edmond de Rothschild Group with the secondary listing on Euronext Oslo Børs of the Euronext Amsterdam listed EdR Certified Origin Physical Gold PLC, which issues gold securities structured as Exchange Traded Certificates (ETCs). These securities, linked to physical gold stored in Geneva, provide investors with access to the physical gold market through a tradable financial instrument. 

To enable listing of the security, a comprehensive process with Euronext Oslo Børs was required to establish a new legal and technical infrastructure detail for this new product listing, thereby paving the way for the listing of other commodity based securities.

The Wikborg Rein team consisted of Karoline Angell, Karoline Ulleland Hoel, Erik Leganger, and Are Zachariassen.

Wikborg Rein assisted Beerenberg AS (Euronext Growth: BBERG) in connection with the unregulated recommended cash offer by Altrad Investment Authority to acquire all shares in the company, not already owned by Altrad. The offer price of NOK 41.5 per share represented more than a doubling of the company's value since its IPO in October 2023. 

The Wikborg Rein team consisted of Lise Løtveit, Berner Olav Skeie, Mads Magnussen, Karoline Stock Evje and Per Anders Sæhle.

Wikborg Rein assisted NORBIT ASA (OSX: NORBT) on its private placement of new shares raising gross proceeds of approx. NOK 200 million.

The private placement was carried out inter alia to partially finance the company's acquisition of 100% of the equity interest in Innomar Technologie GmBH, a transaction on which Wikborg Rein also assisted.

Arctic Securities and SpareBank 1 Markets acted as joint lead managers and bookrunners for the private placement.

The core Wikborg Rein team comprised Lise Løtveit, Ole Martin Drevvatne, Andreas Myrstad and Arild Frick.

Wikborg Rein assisted Nel ASA (OSX: NEL) and Cavendish Hydrogen ASA in the spin-off of Nel's hydrogen fueling division and listing of Cavendish's shares on Euronext Oslo Børs (OSX: CAVEN).

The listing was the second listing on Euronext Oslo Børs' main board so far in 2024 and marked a key milestone in Nel's strategy to create two independent pure-play companies being better positioned to become market leaders in their respective fields.

Carnegie acted as global coordinator and Arctic Securities and Fearnley Securities as joint lead managers in connection with the listing.

The core Wikborg Rein team comprised Lise Løtveit, Vemund Rolstad, Karoline Stock Evje, Hanne Gundersrud, Anne-Karin Nesdam, Anders Myklebust, Per Anders Sæhle and Geir Sviggum.

Wikborg Rein assisted Arctic Securities, DNB Markets, Danske Bank and Nordea as joint global coordinators in the NOK 1.75 billion IPO and listing of Public Property Invest ASA (OSX: PUBLI) on Euronext Oslo Børs' main board. 

The IPO was the first listing on Euronext Oslo Børs' market places in 2024 and represented a significant milestone in PPI's commitment to sustainable real estate operations across Norway.

The core Wikborg Rein team consisted of Karoline Stock Evje, Lise Løtveit, Håkon Lagesen, Ingrid Høstmælingen and Dag Erik Rasmussen.

Wikborg Rein advised Gram Car Carriers (OSX: GCC) in the voluntary tender offer for all of its shares by SAS Shipping Agencies Services Sàrl, a wholly owned subsidiary of MSC Mediterranean Shipping Company. With an offer price of NOK 263.69 per share, the transaction valued GCC at approx. NOK 7.6 billion.

Wikborg Rein has assisted the Gram Car Carriers group for many years, including with the USD 121 million private placement, the transfer of 16 vessels to a new Norwegian structure, acquisition of two vessels and related Euronext Growth listing in 2022 (awarded Marine Money's "IPO Deal of the year"), and the uplisting to Euronext Oslo Børs' main board the same year. From the Euronext Growth listing in 2022 to completion of the offer in 2024, the company had generated a return to its shareholders of close to 500%.

The core team in connection with the offer consisted of Are Zachariassen, Andreas Myrstad and Magnus Øie.

Wikborg Rein assisted the bidders in connection with the voluntary tender offer for Adevinta, led by Permira and Blackstone and also comprising General Atlantic and TCV. The offer was supported by the three largest shareholders of Adevinta (Schibsted, eBay and Permira), collectively representing approx. 72.3% of Adevinta's share capital. 

Measured by value, the transaction is the said largest ever private equity-backed take private transaction in the Nordics and the largest stock exchange transaction in Norwegian history. With an offer price of NOK 115 per share, the transaction valued Adevinta at approx. NOK 141 billion/USD 15 billion. 

Our advising team was led by Dag Erik Rasmussen and also included Per Anders Sæhle, Ingrid Aasa Haavaldsen, Magnus Øie and many more. In an interview with Advokatbladet (Norwegian), you can read more about how the team worked on the case.

Alongside Freshfields Bruckhaus Deringer LLP, Wikborg Rein assisted General Atlantic, the largest shareholder of Kahoot! ASA, in connection with the recommended voluntary tender offer to acquire all shares in Kahoot! ASA. The shareholders of Kahoot! were offered a price of NOK 35 per share, valuing the company at approx. NOK 17.2 billion.

The offer was made by a consortium comprising the private equity business within Goldman Sachs Asset Management, General Atlantic FT B.V., Kirkbi Invest A/S and certain other co-investors. 

Wikborg Rein's transaction team comprised Per Anders Sæhle, Dag Erik Rasmussen and Ingrid Aasa Haavaldsen.

Wikborg Rein assisted Seacrest Petroleo Bermuda Limited (OSX: SEAPT) with its NOK 4.2 billion IPO and listing on Euronext Expand. The IPO was the first listing on Euronext Oslo Børs' market places of the year and was one of the largest IPOs in Europe in 2023.

ABG Sundal Collier and Pareto Securities acted as joint global coordinators and joint bookrunners, with SpareBank 1 Markets as joint bookrunner, and Banco BTG Pactual and Itau BBA. as international placement agents in the offering. 

Wakefield Quin acted as Bermuda legal counsel and Cleary Gottlieb Steen & Hamilton acted as U.S. legal counsel to the company. 

The Wikborg Rein core team comprised Christine Strøm, Ole Martin Drevvatne and Dag Erik Rasmussen.