21 February 2019

Gernandt & Danielsson advisor in relation to THQ Nordic’s private placement

Gernandt & Danielsson has advised Carnegie Investment Bank AB (publ) and Nordea Bank Abp, filial i Sverige in connection with a private placement of shares in THQ Nordic AB (“THQ Nordic”) of approximately SEK 2.1 billion. The placement is of newly issued shares (in part based on an authorisation, in part subject to the subsequent approval by the general meeting) and was subscribed for by Swedish and international institutional investors. THQ Nordic, which is listed on Nasdaq First North Stockholm, acquires, develops and publishes PC and console games for the global games market, and has a catalogue of over 100 owned franchises. THQ Nordic’s head office is located in Karlstad and the group has fifteen internal game development studios based in Germany, Finland, UK, USA and Sweden and engages about 2,000 people.

Gernandt & Danielsson's team consisted of Partners Mikael Borg and Gustav Skogö Nyvang and Senior Associate Oscar Anderson.