27 March 2020

Gernandt & Danielsson has advised Sinch in its acquisition of Wavy Global and in its directed new share issue through an accelerated bookbuilding procedure

Gernandt & Danielsson has advised Sinch AB (publ) in its acquisition of the Brazilian company Wavy Global against a consideration equivalent to SEK 1,187 million. Wavy Global is the second largest provider of messaging services in Brazil. In connection therewith, Gernandt & Danielsson has also advised Sinch in connection with its directed new share issue through an accelerated bookbuilding procedure, raising approximately SEK 1,500 million.

Gernandt & Danielsson’s team has consisted of Partners Carl Westerberg (M&A and Capital Markets) and Mikael Borg (financing), Senior Associates Erik Svärd (M&A and Capital Markets) and Mikael Bolling (financing) as well as Associate Jonathan Antonsson (Capital Markets).

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