Teqnion AB, has completed a directed issue of shares to Phoenician Capital (USA), Braddock Partners (advisor, Akre Capital Management) (USA),Woodlock House Family Capital/Chris Mayer (USA), Spiltan Invest (Sweden), REQ Capital (Norway) and Axxion S.A on behalf of P&R Real Value (UK). Through the share issue, Teqnion receives proceeds of approximately SEK 175 million.
TM & Partners is a leading Swedish law firm with a focus on transaction advice and commercial law.
TM & Partners and Milbank LLP acted as legal advisors to Teqnion in connection with the directed issue. TM & Partners’ team primarily consisted of Johan Wigh (partner), Hanna Hillgren (associate) and Philip Bihl (associate).