M&A: Eltel Group deal description

Telefos AB, a subsidiary of Industri Kapital AB, sold all outstanding shares and shareholder loans in Eltel Group Oy to 3i. As the Finnish counsel and lead counsel to the purchaser, B&K assisted 3i and its other advisors in the legal due diligence concerning the Finnish target companies and in questions related to the acquisition structure and acquisition of the Eltel Group Oy.

B&K also assisted the Swedish acquisition vehicles in connection with the negotiation and execution of the agreements related to the acquisition, including all banking and financing related agreements.

The deal value is not public.