Carthiel advises on sale of broadband business

Carthiel advises on sale of broadband business

Elverket Vallentuna AB (publ) has on 1 August 2014 through an asset sale sold its broadband business to IP-Only. Before that, the sale was approved by an extra ordinary meeting of the shareholders in Elverket Vallentuna AB (publ) on 28 July 2014, at which, as a part of the deal, the meeting approved of an extra dividend, a so called post-dividend to the shareholders. Carthiel and Ramberg Advokater have advised Elverket.

Elverket Vallentuna AB (publ) is listed on Aktietorget. The subsidiary Elverket Vallentuna El AB sells electricity on the open electricity market and has customers throughout Sweden. The subsidiary Elverket Vallentuna Elnät AB is a well connected local electric grid owner and makes sure all households, businesses and other operations in Vallentuna have a reliable power supply. The subsidiary Elverket Entreprenad AB constructs new and performs service and maintenance of electrical installations.

Advokatfirman Carthiel has advised Elverket through Gustaf Cardelius. Ramberg Advokater has advised Elverket with securitries law and shareholder meeting matters through Ingrid Westin Wallinder.