Vinge advised VEF Ltd on the deal.
The Board of Directors of VEF Ltd. announced the change of the domicile of the VEF group from Bermuda to Sweden (the “Redomestication”).
The Redomestication is carried out by way of a scheme of arrangement under Bermuda law, whereby Swedish Depository Receipts in VEF Ltd are exchanged for shares in the Swedish group entity VEF AB (publ), which constitutes the new parent company of the group following the Redomestication. The shares of VEF AB (publ) is listed on Nasdaq First North Premier Growth Market.
VEF Ltd is an investment company that invests in growth stage private fintech companies. VEF focuses on scale emerging markets and invests across all areas of financial services inclusive of payments, credit, mobile money and wealth advisors.
Vinge’s team consisted of Jesper Schönbeck (Picture), Joel Wahlberg, Martin Boström and Anna Svensson (Capital Markets & Public M&A) and Maria Schultzberg (tax).
Law Firms: Vinge;
Clients: VEF Ltd;