Nordic Capital’s Proposed Acquisition of Nordax

Davis Polk is advising Nordic Capital on a public cash offer to the shareholders of Nordax Group AB to acquire all outstanding shares for SEK 60 per share.

The board of directors of Nordax unanimously recommended the offer.

Nordic Capital is a private equity investor in the Nordic region with a commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordax is a niche bank in Northern Europe, providing unsecured consumer loans and deposits to customers in Sweden, Norway, Finland and Germany.

The Davis Polk corporate team includes partner Reuven B. Young (Picture) and counsel Connie I. Milonakis. All members of the Davis Polk team are based in the London office.

Cederquist is advising Nordic Capital on Swedish law.

Involved fees earner: Reuven Young – Davis Polk & Wardwell; Connie Milonakis – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Nordic Capital Limited;