Cederquist advises Nordstjernan in connection with public offer for Ramirent
The French equipment rental company Loxam S.A.S (“Loxam”) announced on 10 June 2019 a public takeover bid to the shareholders of the equipment rental company Ramirent Plc, whose shares are listed on Nasdaq Helsinki. Nordstjernan AB owns 21,863,716 shares in Ramirent, corresponding to 20.1 percent of the capital and voting rights in the company, and is thus the largest shareholder of Ramirent. Nordstjernan has undertaken to accept the offer, subject to customary conditions. The offer values Ramirent’s equity at almost EUR 970 million and Nordstjernan’s shareholding in Ramirent at EUR 197