Linklaters advises Netel Group on merger with Infrea and fully secured rights issue
Linklaters advises Netel Group AB (“Netel”) on a combined transaction comprising of a statutory merger with Infrea AB (“Infrea”) and a fully secured rights issue of up to SEK 127 million and overallotment issue of up to SEK 75 million.Netel and Infrea have jointly announced their intention to implement a merger between the companies in accordance with the Swedish Companies Act. The merger will create a leading Northern European platform for infrastructure services with combined revenues of approximately SEK 5 billion. The combined group is expected to benefit from significant synergies and