07 February 2012

Cederquist advises Metro on Kinnevik’s takeover bid

Cederquist is advising Metro International S.A. and the board of directors’ independent committee on issues relating to Investment AB Kinnevik’s takeover bid for all of Metro’s outstanding shares, warrants and debentures. Kinnevik’s bid values Metro at a total of approximately SEK 1.145 billion.

Metro is the largest international newspaper in the world. Metro is published in over 100 major cities in 22 countries across Europe, North & South America and Asia. Metro has a unique global reach - attracting a young, active, well-educated Metropolitan audience of over 17 million daily readers. Kinnevik is Metro’s largest shareholder.

Cederquist’s team comprises Magnus Lindstedt, Nils Lundgren and Fredrik Lundén.