30
Wed, Oct
59 New Articles

DWF Advises Shareholders of Auto Partner on Sale of Shares in ABB

DWF Advises Shareholders of Auto Partner on Sale of Shares in ABB

Poland
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

DWF has advised the shareholders of Auto Partner on the sale of a part of their shares in ABB through an accelerated book-building process.

Santander Bank Polska - Santander Biuro Maklerskie acted as the sole global coordinator and sole bookrunner.

According to DWF, “the transaction covered the sale of 4.175 million shares by two shareholders at a price set at PLN 25.50 per share, which constitutes 3,20% of the shares and the same amount of the total number of votes in the company. The total value of the transaction exceeded PLN 106 million. Following the completion of the sale, the selling shareholders hold approximately 43.75% of the shares in the company's share capital. The shares were sold only to selected qualified investors and outside the United States of America under Regulation S pursuant to the US Securities Act of 1933, as amended.”

The DWF team included Managing Partner Michal Pawlowski, Partner Rafal Wozniak, and Associate Patrycja Figula.