Nordstjernan Aktiebolag announced on 5 November 2020 a mandatory public cash offer to the shareholders of Momentum Group AB (publ) to sell all their shares in Momentum Group to Nordstjernan. The offer includes both the unlisted shares of series A and the shares of series B that are listed on Nasdaq Stockholm. The offer values all shares in Momentum Group to approximately SEK 6.1 billion.

Gernandt & Danielsson advises Nordstjernan with a team consisting of partner Mikael Borg, senior associate Daniel Sveen and associate Ludvig Berglönn.