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United Bankers Plc: Acquisition of Majority Stake in Quorum Lainoittaja Oy

22 Feb 2016

We were legal counsel to the United Bankers Plc group in an arrangement in which UB’s subsidiary UB Asset Management Ltd acquired a majority stake in Quorum Lainoittaja Oy. UB purchased 60 % of the outstanding share capital of Quorum Lainoittaja Oy from Quorum Vaihtoehtorahastot Oy. Quorum Lainoittaja Oy is the general partner in Quorum Yritysrahoitusrahasto I Ky l fund. Following the acquisition, the company’s name will be changed to UB Yritysrahoitus Oy and the fund’s name to UB Yritysrahoitusrahasto I Ky. The C&S team was led by Jarno Tanhuanpää.

United Bankers is a Finnish investment group established in 1986. The group’s services include asset man-agement, fund management, securities brokering and investment banking. The group manages a total of approximately 1.7 billion euros (6/2015). The Company has been listed on First North Finland since November 2014.

Matter Type
M&A: Acquiror's Counsel
Industry
Finance & Banking
News Category
M&A
Banking & Finance