Our latest news and deals.
Waselius & Wist advised Sandvik AB in the Finnish law aspects of the divestment of its mining systems operations to the private equity company CoBe Capital. In 2015, the mining systems operations had annual sales of 5 billion SEK representing 6% of Sandvik Group revenues.
Waselius & Wist advised Skandinaviska Enskilda Banken AB (publ), Danske Bank, Nordea Bank, OP Corporate Bank and Swedbank AB (publ) in the Finnish law aspects of the refinancing of Finnair Plc’s revolving credit facility with a EUR 175 million syndicated revolving credit facility.
Finnair Plc is listed on the Nasdaq Helsinki stock exchange (FIA).
Value: EUR 175,000,000
Waselius & Wist advised Merlin Entertainments Sealife Limited, a Merlin Entertainments company (LON:MERL) in the acquisition of 50 % of the shares in SeaLife Helsinki Oy from the Children’s’ Day Foundation. After the acquisition Merlin Entertainments holds all shares in SeaLife Helsinki Oy which operates the SeaLife park in Helsinki. Merlin Entertainments is the largest European entertainments company, running 114 attractions in 23 countries.
To strengthen our team, we are looking for lawyers interested especially in Competition and Intellectual Property law. Please see attached (only in Finnish).
For more information, please contact Ms. Tanja Jussila.
Please send your application by email to by 19 June 2016.
Waselius & Wist advised the Lenders in the sale and leaseback and related financing arrangements of three Airbus A350-900 Aircraft to Finnair.
Waselius & Wist is a sponsor of the upcoming Helsinki International Arbitration Day 2016, organized by The Arbitration Institute of the Finland Chamber of Commerce. The event will take place on 26 May 2016 at Restaurant Pörssi, Fabianinkatu 14, Helsinki, Finland. Come and meet us there!
More information and registration:
Waselius & Wist advised O-Film Tech (HK) Co., Ltd., a wholly owned subsidiary of Shenzhen O-film Technology Co., (002456:Shenzhen), in the investment in and subsequent acquisition of Senseg Oy, a Finnish high-tech company and core IPR owner of electrostatic haptic feedback technology.
Waselius & Wist advised Sagax (listed on NASDAQ OMX Stockholm) in the structuring of the acquisition of a portfolio of 2 hypermarkets and 184 grocery stores. The properties are leased to S Group and Suomen Lähikauppa and the acquisition is conditional on the completion of the pending acquisition by Kesko Corporation of Suomen Lähikauppa.
Value: SEK 850,000,000
Waselius & Wist advised the arrangers in the Finnish law aspects of the refinancing of Sanoma Corporation’s revolving credit facility with a EUR 500 million syndicated revolving credit facility.
Sanoma Corporation is listed on the Nasdaq Helsinki stock exchange (SAA).
Value: EUR 500,000,000
Waselius & Wist represented the arranger and the dealers as well as certain financial institutions as lenders in the Finnish law aspects of the EUR 1.93 billion refinancing of the Caruna Group. The refinancing consists of, inter alia, senior facilities in the amount of EUR 825 million and borrowings of EUR 1.105 billion derived from a EUR 10 billion multicurrency programme for the issuance of bonds. The Caruna Group’s electricity distribution business is the largest in Finland by share of electricity distributed.