References/18 Jun 2024

Borenius provides Finnish legal advice to Topdanmark A/S on Sampo plc’s recommended public exchange offer for the shares in Topdanmark A/S

We are currently advising Topdanmark A/S on the Finnish legal aspects in Sampo plc’s recommended public exchange offer for all issued and outstanding shares in Topdanmark A/S. The exchange offer, which values the entire outstanding share capital of Topdanmark A/S at DKK 33 billion, is expected to be completed in September 2024. Upon completion, the class A shares of Sampo plc are to be admitted to trading on the official list of Nasdaq Copenhagen.

Topdanmark A/S, listed on Nasdaq Copenhagen, is one of the largest Danish P&C insurers with a market share of 15 percent of the Danish P&C insurance market. The company focuses on the private and SME markets, with 500,000 private customers to which it offers a full range of insurance products, with its main products being motor, home, and contents insurance. Sampo plc is a leading P&C insurer in the Nordic region, and the only insurer to offer services across all Nordic countries, customer segments and products. The Group is also a major operator in the growing digital P&C insurance market in the UK.

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Service areas

Team

Juha Koponen

Partner

Helsinki, London, New York

Akseli Uotila

Senior Associate

Helsinki

Andreas Doepel

Senior Counsel, General Counsel

Helsinki

Anni Holopainen

Associate

Helsinki

Einari Karhu

Partner

Helsinki

Jani Syrjänen

Partner

Helsinki

Lauri Teräsvuori

Associate

Helsinki

Mia Mokkila

Partner

Helsinki

Mikko Vesikivi

Senior Associate

Helsinki