M&A at its best is a form art. The most sophisticated transactions require meticulous tailoring, structuring and understanding of the parties’ intentions and strategy. Due to our commitment to deep knowledge and insight in all transactional work, we are able to concentrate on providing additional value to our clients. Through our established documentation models and seniority we are able to guide our clients though even the most complex transactions, negotiate, structure, and make deals happen when it matters the most.
Our corporate transaction services make you succeed in expanding your business, divestments, corporate financing and even when the business needs to be restructured financially or otherwise. We negotiate, draft and help you execute and follow up. We are there to protect and build your value. Our lawyers have carried out some of the biggest M&A transactions in Finland from defensive to hostile and friendly takeovers and public-to-private arrangements, reverse mergers, private equity acquisitions and divestments, small to mid-size corporate acquisitions as well as bid-processes and their financing.
+358 40 823 6031
jan.lindberg (at) TheTrust.fi
+358 50 337 7919
anne-marie.malmberg (at) TheTrust.fi
In this second part of this 2-piece article, our partner Anne-Marie Malmberg focuses on the EU Growth prospectus, (“EU kasvuesite”) which is a new term introduced to the capital markets by the new Prospectus Regulation (EU) 2017/1129 (“Prospectus Regulation”).
Should I recommend the use of standard contract terms and templates in contracting for ICT services? The fact is that some standard terms are used in almost every case in one way or another. The same issues are relevant regardless of the origin of the standard.
On 21 July 2019, the new Prospectus Regulation (EU) 2017/1129 (“Prospectus Regulation”) replacing the Prospectus Directive 2003//71/EY entered into force in full. The new articles allowing e.g. issue new shares to public without a prospectus when aggregate issue price was no more than MEUR 8 during a period of 12 months (compared to previous equivalent limit of MEUR 5) were already implemented effective as at 1 January 2019. The full application of the Prospectus Regulation means that EU prospectuses which are filed to the Finnish Financial Supervision Authority (“FIN-FSA”) now have to be drafted and approved under the new regulations.
We will continue our blog on SPAs and private M&A deals next, but in the meanwhile I take a step to the public M&A world and write a few words about exclusivity. This is often a hotly debated issue, but the main principle and aim of the clause are clear.
Transaction Boutique TRUST growing to a leading ICT law firm in Finland: Juha Taipale joins the company as a partner
Leading ICT and outsourcing practitioner in Finland, Juha Taipale has been appointed as a TRUST partner. TRUST’s growth is driven by increasing demand in the TMT sector, business restructuring arrangements in the industry, investments, disputes and business digitalisation projects. TRUST is already one of the few boutique law firms in Finland that is ranked among the top firms in M&A, Financial Law and Technology law. The company further strengthens its competence and experience with broad-scale technology investments and other strategic assignments.
We published the first M&A and Corporate Finance Update approximately five years ago. Needless to say, we and our clients have seen a plethora of transactions after that and we have been fortunate to have worked with some of the most challenging Finnish transactions.
Proposed new act on university inventions increases freedom of contract but may still fall short of the expectations
The Finnish act on the right in inventions made at higher education institutions is in the process of being amended. The reason behind the underlying revision is to enhance the commercialisation of inventions at higher education institutions. Statistics on patents granted from 2013 to 2016 show that Finnish universities in general produced high-quality research and a wealth of excellent research results but, unfortunately, a large portion of these results will be left unexploited. But will the amended act solve this issue and enhance commercialisation?
I will describe below some recent developments in the Private Equity LBO markets that sophisticated institutional investors should take into account. At the end of this post, I will set out some legal topics that LP investors in Private Equity and LBO debt investors should bear in mind.
TRUST. has been once again recognised among the leading law firms by Chambers and Partners in its 2018 edition of Chambers Europe: The World’s Leading Business Lawyers.