Baker McKenzie advises Bahnhof’s founders and principal shareholders, Jon Karlung and Andreas Norman, and Öresund Investment on the sale of all their shares in Bahnhof to Telenor. The transaction is valued at SEK 3.5 billion (about USD 359 million) and will make Telenor Bahnhof’s majority shareholder.
Bahnhof is a Swedish provider of fiber broadband, data centers and secure digital infrastructure. Telenor is one of the largest telecoms operators in the Nordic region and the only one with a significant presence in all Nordic countries. The transaction brings together Telenor’s network infrastructure and mobile operations with Bahnhof’s expertise in secure communications services.
In connection with the transaction, Telenor launched a public takeover offer to all minority shareholders in Bahnhof.
The Baker McKenzie team advising the sellers was led by Capital Markets partner Henric Roth, supported by Per Blom and Katja Persson.
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