Cederquist advisor to BillerudKorsnäs in connection with acquisition of Verso
Cederquist is legal advisor to BillerudKorsnäs in connection with its acquisition of Verso, a U.S. corporation whose shares are listed on New York Stock Exchange. The purchase price amounts to USD 825 million. Verso is a leading American producer of graphic, specialty and packaging paper and market pulp. The acquisition and transformation of existing assets into paperboard machines will be financed through a combination of a rights issue of up to SEK 3.5 billion, additional debt and operating cash flow.
Cederquist’s team mainly comprised Wilhelm Lüning, Fredrik Lundén, Matilda Larsson and Filip Gyulai (Equity Capital Markets and Public M&A), Per Henriksson, Mirja Sikander and Emil Svensson (Financing), Fredrik Lindblom and Sanna Widén (Competition).
For additional information, please refer to BillerudKorsnäs’ press release: https://www.billerudkorsnas.com/press--news/press-releases/2021/billerudkorsnas-to-acquire-verso-to-ignite-growth-in-north-america