Corporate | M&A Assignment

Hamilton represents ABRY Partners

Hamilton rep­re­sents 1A Smart Start, LLC, a port­fo­lio com­pa­ny of the US pri­vate eq­ui­ty firm ABRY Partners, in con­nec­tion with its pub­lic ten­der of­fer re­gard­ing all shares in Dignita Systems AB, list­ed on AktieTorget. The con­sid­er­a­tion un­der the of­fer is SEK 11.30 in cash per share, cor­re­spond­ing to a pre­mi­um of 41.3 per cent com­pared to the clos­ing price of Dignita Systems’ shares the last day of trad­ing be­fore an­nounce­ment of the of­fer. The two main share­hold­ers of Dignita Systems, Björkbron AB and Jumeirah Limited, to­geth­er rep­re­sent­ing ap­prox­i­mate­ly 76.2 per cent of the num­ber of out­stand­ing shares and votes in the com­pa­ny, have ir­rev­o­ca­bly and un­con­di­tion­al­ly un­der­tak­en to ac­cept the of­fer. The in­de­pen­dent bid com­mit­tee of Dignita Systems has unan­i­mous­ly rec­om­mend­ed the share­hold­ers to ac­cept the of­fer.

An of­fer doc­u­ment re­gard­ing the of­fer is ex­pect­ed to be made pub­lic on or about 15 May 2017. The ac­cep­tance pe­ri­od is ex­pect­ed to be­gin on or about 16 May and ex­pire on or about 7 June 2017.

Kirkland & Ellis is le­gal ad­vi­sor as to US law and Danske Bank is trans­ac­tion ad­vi­sor.

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