Nordic Legal Advisor of the Year, FT/mergermarket European M&A Awards 2009
“The 2009 year in M&A will be remembered as one that fell squarely in the shadow of the global financial crisis. With financing tight and uncertainty high, it was hardly business as usual in any market, much less M&A. Deals that have been carried out have often been completed under extraordinary circumstances, placing unusual demands on clients as well as on their advisers. In this challenging climate, we are pleased to have been able to support our clients with advice on innovative deal structures and creative approaches to help them achieve their goals,” comments Biörn Riese, chairman of the board and head of global M&A at Mannheimer Swartling.
Mannheimer Swartling was named Nordic Legal Advisor of the Year at the European M&A Awards 2009. The award is based on M&A transaction data from mergermarket.com and the strategic nature, complexity and innovativeness of these transactions. The review is conducted by a panel of experts including leading European M&A practitioners, analysts from mergermarket, and correspondents from the Financial Times.
“Thus far, the most notable deals of the year include our assistance to the Swedish government on the rescue and subsequent sale of the Carnegie Investment Bank – the only actual bank rescue under the Government’s financial sector support package to date – and our advising Biovitrum in its acquisition of Swedish Orphan through a financing package that included a rights issue, bank financing, an issue in kind of shares and, potentially, convertible participating debentures, in one of the largest M&A deals involving a Swedish target this year,” continues Biörn Riese.
The firm’s Mergers & Acquisitions practice offers a depth and breadth virtually unrivalled on the Nordic market. With over 100 M&A lawyers supported by class-leading specialists in tax, employment, environment, competition, intellectual property, information technology, government regulation, insurance, real property, banking and capital markets operating out of 12 offices in six countries, the firm is capable of leading the most demanding cross-border transactions as well as pragmatically and efficiently executing domestic deals. The firm’s lawyers are involved in a majority of the major transactions in Sweden, and Mannheimer Swartling is routinely ranked at the top in all relevant rankings of legal advisors in the Nordic region.
For more information about transactions advised on in 2009, please visit:
For more information about the awards please see the following statements from FT/mergermarket: