14 May 2014
Gernandt & Danielsson advises Nidron Holding AG in connection with its public offer
Gernandt & Danielsson advises Nidron Holding AG, a Swiss company, in connection with its public offer to the shareholders in Fenix Outdoor AB (publ)
Nidron Holding AG is a company wholly owned by members of the Nordin family, which are also the majority shareholders in Fenix Outdoor. The offer is structured in such a way that for each share of series B held in Fenix Outdoor, each shareholder will receive one new share of series B in Nidron. The offer is made with the aim to re-domicile Fenix Outdoor from Sweden to Switzerland. Upon completion of the offer the intention is to have Nidron’s shares of series B listed on NASDAQ OMX Stockholm.
Gernandt & Danielsson’s team has consisted of partner Fredrik Palm, senior associates Leo Lee and Caroline Jägenstedt and associates Marcus Karner and Fredrik Francke-Rydén.