M&A credentials

August 2020

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

1

Create

tombstone

here

Create

tombstone

here

August 2019

Sale of Baum und Pferdgarten to

Verdane Capital

Undiscosed

Exclusive financial adviser to

the Shareholders

Deal value

Sale of

toCreate

tombstone

here

Create

tombstone

here

August 2019

Sale of Six Ames to Verdane

Capital

Undiscosed

Exclusive financial adviser to

Scandinavian Designers

Deal value

Sale of

toCreate

tombstone

here

Create

tombstone

here

September 2019

Acquisition of The Scottish

Salmon Company

NOK 5,764m

Financial adviser to

Bakkafrost

Deal valueAcquisition of

Create

tombstone

here

Create

tombstone

here

October 2019

Acquisition of Rabipur/RabAvert

and Encepur

EUR 796m

Financial adviser to

Bavarian Nordic

Deal value

Acquisition of

vaccine assets

from

Create

tombstone

here

Create

tombstone

here

September 2019

Public offer for Silmäasema

EUR 110m

Financial adviser and

Fairness Opinion to

Silmäasema

Deal valuePublic offer for

Create

tombstone

here

Create

tombstone

here

November 2019

Public offer for Pihlajalinna

EUR 560m

Financial Adviser to

Mehiläinen and Arranger of

the Offer

Deal value public offer forCreate

tombstone

here

Create

tombstone

here

November 2019

Public offer for Hemfosa

SEK 23.5bn

Financial Adviser

to SBB

Deal value public offer for

November 2019

Acquisition of Viking

Redningstjenste

NOK 1,150m

Deal value

Sole Financial Advisor to

buyer

Acquisition of

Create

tombstone

here

Create

tombstone

here

July 2019

Partial demerger of Metso

to Outotec

EUR 3,324m

Financial adviser to Outotec

Deal value

Partial

demerger of

to

Create

tombstone

here

Create

tombstone

here

December 2019

Merger between NTS ASA

and Frøy Gruppen

NOK 11bn

Sole Financial Advisor to

Frøy Gruppen

Deal valueMerger with

Create

tombstone

here

Create

tombstone

here

December 2019

Sale of Henning Larsen

Architects

Undisclosed

Exclusive Financial Adviser to

Henning Larsen Architects

Deal valueSale to

Create

tombstone

here

Create

tombstone

here

December 2019

Sale of Sportmaster (DK) and

Rezet to Sportmaster Group

Undisclosed

Exclusive financial

adviser to Nordic Capital

Deal value

Sale of

by

to

January 2020 / June 2019

Sale of seismic assets to SGS

and creation of joint technology

company

Undisclosed

Deal value

Sole Financial

Advisor to CGG

Sale of seismic

assets by

to

And establishment of

joint technology

partnership

Create

tombstone

here

Create

tombstone

here

February 2020

Acquisition of Alma Media’s

regional news media

EUR 115m

Sole Financial Adviser

to Sanoma

Deal valueAcquistion of

regional

news

media

November 2019

Public offer for Cramo

EUR 614m

Deal value

Financial Adviser to Boels

and Arranger of the Offer

public offer for

Create

tombstone

here

Create

tombstone

here

April 2020

Sale of VP Securities to

Euronext

DKK 1,120m

Exclusive financial

adviser to the sellers

Deal value

Sale of

to

Create

tombstone

here

Create

tombstone

here

Pending

Acquisition of 14.9% of shares in

Neles by Valmet

EUR 179m

Sole financial

adviser to Valmet

Deal value

Stake acquisition of

from

Create

tombstone

here

Create

tombstone

here

July 2020

Sale of Nordomatic

to Trill Impact

Undisclosed

Financial Adviser

to Adelis

Deal value

Sale of

by

to

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

September 2018

Public offer for

Technopolis

EUR 730m

Financial Adviser

to Kildare Partners

Public offer forDeal value

Create

tombstone

here

Create

tombstone

here

September 2018

Sale of Luminor

Bank

EUR 1bn

Financial Adviser

to Nordea

Sale of

Deal value

to

Create

tombstone

here

Create

tombstone

here

October 2018

Sale of VR Track

to NRC Group

EUR 225m

Sole Financial adviser to VR

Group

Sale toDeal value

Create

tombstone

here

Create

tombstone

here

October 2018

Acquisition of Aleris Care

SEK 2.6bn

Financial adviser to Ambea

Deal value

Care

Acquisition of Create

tombstone

here

Create

tombstone

here

October 2018

Acquisition of Danske Færger

DKK 594m

Exclusive financial adviser to

Molslinjen

Deal value Acquisition of

Create

tombstone

here

Create

tombstone

here

November 2018

Sale of Arkitema Architects

Undisclosed

Exclusive financial adviser to

Arkitema Architects

Deal valueSale to

Create

tombstone

here

Create

tombstone

here

November 2018

Acquisition of Bergvik Skog Öst

SEK 6.4bn

Financial adviser to

BillerudKorsnäs

Deal valueAcquisition of

Öst

Create

tombstone

here

Create

tombstone

here

December 2018

Merger of AGR and FirstGeo

NOK 220m

Financial adviser to AGR

Deal valueMerger with

Create

tombstone

here

Create

tombstone

here

February 2019

Sale of Cambio to Investcorp

Undisclosed

Financial adviser to Valedo

Deal value

Sale of

by

to

February 2019

Public offer for Ahlsell

SEK 31.2bn

Deal value

Defence Adviser and Fairness

Opinion to Ahlsell

Public offer for Create

tombstone

here

Create

tombstone

here

December 2018

Acquisition of HMN GasNet

DKK 1,809m

Exclusive financial adviser to

Energinet

Deal value Acquisition of

April 2019

Acquisition of 54% of

shares in DNA by Telenor

EUR 3.3bn

Deal value

Financial adviser to Finda

Provision of fairness opinions

to Finda and PHP

May 2019

Acquisition of Norled

Deal value

Undisclosed

Financial adviser

to the consortium

Acquisition of

from

&

Create

tombstone

here

Create

tombstone

here

May 2019

Sale of Logent to Stirling Square

Undisclosed

Financial adviser to Adelis

Deal value

Sale of

by

to

June 2019

Acquisition of Polystar

by Elisa

EUR 75m2

Deal value

Sole Financial Adviser to

Elisa

Acquisition of

Create

tombstone

here

Create

tombstone

here

May 2019

Sale of Coromatic from EQT

to E.ON

Financial adviser to EQT

Deal value

Sale of

Undisclosed

2

June 2019

Merger of Tieto and EVRY

EUR 2.0bn1

Deal value

Financial Adviser to Tieto

Merger with

June 2019

Acquisition of Bjørknes

Høyskole

Undisclosed

Deal value

Sole Financial Adviser

to EMK Capital

Acquisition of

from

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

September 2017

Public takeover offer

DKK 41.5bn

Deal valuePublic offer for

Financial Adviser

to Nets

Create

tombstone

here

Create

tombstone

here

January 2018

Merger of Tele2

and Com Hem

SEK 98bn

Financial Adviser

to Tele2

Deal value Merger with

Create

tombstone

here

Create

tombstone

here

February 2018

Public takeover

offer

DKK 67.8bn

Lead Financial adviser

to the Consortium

Deal valuePublic offer for

Create

tombstone

here

Create

tombstone

here

March 2018

Sale of E.ON Gas Sverige to First

State Investments

Undisclosed

Financial advisor

to E.ON Sverige

Deal valueAcquired byCreate

tombstone

here

Create

tombstone

here

March 2018

Energinet’s acquisition of NGF

Nature Energy Distribution

Undisclosed

Exclusive financial advisor

to Energinet

Deal valueAcquired by

April 2018

Sale of Thermia to

Stiebel Eltron

Undisclosed

Deal valueSale to

Financial Adviser

to sellers

Create

tombstone

here

Create

tombstone

here

October 2017

Sale of Kotkamills

Imprex Oy

EUR 27m

Financial Adviser

to MB Funds

Deal value

Sale toCreate

tombstone

here

Create

tombstone

here

November 2017

Acquisition of

Visedo

Not disclosed

Financial Adviser

to Danfoss

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

November 2017

Restructuring of

Bergvik Skog

Not disclosed

Financial Adviser

to BillerudKorsnäs

Deal value

Acquisition of

(Öst)

Create

tombstone

here

Create

tombstone

here

November 2017

EMK acquisition of

Sonans Gruppen

Not disclosed

Financial Adviser

to EMK Capital

Acquisition of

Deal value

Create

tombstone

here

December 2017

Acquisition of

Norsk Gjenvinning

Undisclosed

Financial Adviser

to Summa Equity

Deal value

Acquisition of

June 2018

Acquisition of Bola

Webinformation

Undisclosed

Deal valueAcquired by

Financial Adviser

to Better Collective

June 2018

Sale of Powerbox

to Cosel

Undisclosed

Deal value

Financial Adviser

to Alder

June 2018

Acquisition of

Nordic Modular

Group

SEK 2,725m

Deal valueAcquired by

Financial Adviser

to Cramo

July 2018

Acquisition of

Gjensidige Bank

NOK 5.5bn

Deal valueAcquired by

Financial Adviser

to Nordea

Bank

July 2018

Acquisition of

FTZ and Inter-

Team

EUR 395m

Deal value

Acquisition of

Financial Adviser

to Mekonomen Group

and

July 2018

Sale of GET and TDC Norway

Deal value

NOK 21.0bn

Joint Financial Adviser to

TDC and its shareholders

Sale to

Norway

3

August 2018

Sale of Nordea Ejendomme

Deal value

Undisclosed

Exclusive financial adviser to

the seller

Sale of

to

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

Create

tombstone

here

Create

tombstone

here

September 2016

Fairness opinion of

Topdanmark

DKK 16.5bn

Financial Adviser

to Sampo

Acquisition of

shares inDeal value

Create

tombstone

here

Create

tombstone

here

September 2016

Fairness opinion

NOK 3.1bn

Financial Adviser

to Board of Directors

Deal value

Create

tombstone

here

Create

tombstone

here

November 2016

Merger of

Ahlstrom and

Munsjö

EUR 1.2bn

Financial Adviser

to Ahlstrom

Merger with

Deal value

Create

tombstone

here

Create

tombstone

here

November 2016

Public offer for

Norvestia

EUR 165.3m

Financial Adviser

to Norvestia

Public offer for

Deal value

October 2016

Sale of Agro activities of

Kongskilde Industries

Not disclosed

Financial adviser

to the seller

Sale of

to

Deal value

Create

tombstone

here

Create

tombstone

here

November 2016

Sale of

Dinair Group

Not disclosed

Financial Adviser

to Alder

Sale toDeal value

Create

tombstone

here

Create

tombstone

here

February 2017

Public offer for

Comptel

EUR 347

Financial Adviser

to Nokia

Public offer forDeal value

Create

tombstone

here

Create

tombstone

here

September 2016

Sale of Danish

Ship Finance

DKK 3.4bn

Financial Advisor

to Sellers

Sale ofDeal value

Create

tombstone

here

Create

tombstone

here

January 2017

Public offer for

PKC

EUR 571

Financial Adviser

to MSSL

Public offer forDeal value

Create

tombstone

here

Create

tombstone

here

June 2017

Public offer for

Sponda

EUR 2.0bn

Financial Adviser

to Blackstone

Public offer forDeal value

August 2017

Sale of DATEA

Undisclosed

Financial Adviser

to DADES

Deal valueSale to

August 2017

Acquisition of

Hans Andersson Recycling

Undisclosed

Deal valueAcquisition of

Financial Adviser

to Veolia

Create

tombstone

here

Create

tombstone

here

July 2017

Sale of Dynasafe

International AB

Undisclosed

Financial Adviser

to Persura

Deal valueSale to

Create

tombstone

here

Create

tombstone

here

June 2017

Sale of Nianet

Undisclosed

Financial Adviser

to Nianet

Deal value

Sale to

Owned by

Create

tombstone

here

Create

tombstone

here

June 2017

Sale of Veolia FM

to Lassila &

Tikanoja

SEK 650m

Financial Adviser

to Veolia

Deal value

FM

Sale to

Create

tombstone

here

Create

tombstone

here

June 2017

Merger of

Lemminkäinen

and YIT

EUR 1.6bn

Financial Adviser

to Lemminkäinen

Merger withDeal value

Create

tombstone

here

Create

tombstone

here

December 2016

Public offer for

Transcom

SEK 2.3bn

Financial Adviser

to Altor

Deal value

September 2017

Sale of Maillefer

Undisclosed

Deal valueSale to

Financial Adviser

to sellers

4

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

Create

tombstone

here

Create

tombstone

here

October 2015

Sale of Accountor

Not disclosed

Financial Adviser

to Sellers and Accountor

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

November 2015

Fairness opinion

and strategic

advice

SEK 1.6bn

Financial Adviser

to Proffice

Deal value

Create

tombstone

here

Create

tombstone

here

December 2015

Adven

Not disclosed

Financial Adviser

to AMP Capital and

Infra Capital

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

December 2015

Public offer for

IFS

SEK 8.9bn

Financial Adviser

to EQT

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

December 2015

Svensk Dos

Not disclosed

Financial Adviser

to Oriola-KD

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

December 2015

Sale of Orthex

Not disclosed

Financial Adviser

to Intera Partners

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

December 2015

Sale of Eton

Not disclosed

Financial Adviser

to Litorina

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

May 2016

Anvia’s ICT

business

EUR 107m

Financial Adviser

to Elisa

Acquisition of

ICT business

Deal value

Create

tombstone

here

Create

tombstone

here

May 2016

Terex’s Material Handling &

Port Solution business

EUR 1.1bn

Financial Adviser

to Konecranes

Acquisition of

Material Handling & Port Solution business

Deal value

Create

tombstone

here

Create

tombstone

here

April 2016

Sale of

Norrporten

SEK 13.4bn

Financial Adviser

to Sjätte AP-fonden

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

March 2016

Lagerbergs

Not disclosed

Financial Adviser

to Atria

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

June 2016

Boxer Sweden

SEK 1.3bn

Financial Adviser

to Com Hem

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

July 2016

Sale of Granngården

Not disclosed

Financial Adviser

to EQT

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

June 2016

Sale of Fjordlaks

NOK 1.0bn

Financial Adviser

to Fjordlaks

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

September 2016

Mandatory offer for

Topdanmark

DKK 10.7bn

Financial Adviser

to Sampo

Offer for

Deal value

Create

tombstone

here

Create

tombstone

here

August 2016

Sale of BKS

DKK 250m

Financial Adviser

to sellers and BKS

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

May 2016

Sale of Ekokem

EUR 715m

Financial Adviser

to Ekokem

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

November 2015

Sale of Orbion

Not disclosed

Financial Adviser

to Relacom

Sale to

Deal value

5

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

April 2014

Sale of 49% stake in

Fredrikstad Energi

and 35% stake in

Fredrikstad Energi

Nett

Not disclosed

Financial Adviser

to Fortum Group

Sale to

Deal value

April 2014

Sale of Fortum

Distribution

Norway

Not disclosed

Financial Adviser

to Fortum Group

Sale to

Deal value

July 2014

Public merger

EUR 200m

Financial Adviser

to BioAlliance Pharma

Merger with

Deal value

July 2014

Sale of stake

in Nets

EUR 470m

Financial Adviser

to Nordea Group

Sale to

Deal value

May 2014

50% stake in

Sokolow

EUR 180m

Financial Adviser

to Danish Crown

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

September 2014

Corenso

EUR 90m

Financial Adviser

to Powerflute

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

November 2014

Public offer for

Vacon

EUR 1.0bn

Financial Adviser

to Danfoss

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

May 2015

Automotive

assets

DKK 1.2bn

Financial Adviser

to Bang & Olufsen

Transfer of

assets toDeal value

Create

tombstone

here

Create

tombstone

here

February 2015

Sale of

C More Norway

Not disclosed

Financial Adviser

to C More Entertainment AB /

Bonnier AB

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

January 2015

Sale of Apotek

Hjärtat

SEK 5.7bn

Financial Adviser

to Altor

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

November 2014

Sale of

Fordonsgas

Undisclosed

Financial Adviser

to DONG Energy and

Göteborg Energi

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

May 2015

Fairness Opinion

SEK 1.8bn

Financial Adviser

to Aerocrine

Pub

Deal value

Create

tombstone

here

Create

tombstone

here

July 2015

VCC component

plant in Floby

Not disclosed

Financial Adviser

to Amtek Group

Acquisition of

(component plant)

Deal value

Create

tombstone

here

Create

tombstone

here

May 2015

Public offer for

PartnerTech

SEK 443m

Financial Adviser

to Scanfil

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

September 2015

Sale of

Bluegaarden

Not disclosed

Financial Adviser

to Sellers and Bluegarden

Sale to

Deal value

Create

tombstone

here

Create

tombstone

here

September 2015

Public offer

for Grontmij

EUR 354m

Financial Adviser

to Sweco

Acquisition of

Deal value

Create

tombstone

here

Create

tombstone

here

April 2015

Sale of Nordic

Cinema Group

SEK 4.7bn

Financial Adviser

to Ratos and Bonnier

Sale to

Deal value

April 2014

Sale of

Fortum

Fjernvarme

Norway

Not disclosed

Financial Adviser

to Fortum Group

Sale to

Deal value

6

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

Create

tombstone

here

April 2013

Sale of

Cardinal Foods

Not disclosed

Sale to

Financial Adviser

to CapMan and Cardinal Foods

Deal value

May 2013

ISS Pest Control

DKK 2.0bn

Financial Adviser

to Anticimex

Acquisition of

Pest Control

Deal value

June 2013

Sale of

Nordea Bank

Poland

EUR 694m

Financial Adviser

to Nordea Group

Sale to

Polska

Deal value

June 2013

Merger of

Borgestad

Industries and

Borgestad

NOK 239m

Financial Adviser

to Borgestad

Merger with

Deal value

May 2013

Sale of

80% stake in

Widerøe’s

Flyveselskap

SEK 2.0bn

Financial Adviser

to SAS

Sale of

Deal value

July 2013

Demerger of YIT

and subsequent

listing of

Caverion

EUR 1.9bn

Financial Adviser

to YIT and Lead Manager in

the listing of Caverion

Demerger of

Deal value

August 2013

Hartwall

EUR 443m

Financial Adviser

to Royal Unibrew

Acquisition of

Deal value

January 2014

Fairness Opinion

DKK 41.0bn

Fairness opinion

to Shareholders

and

Deal value

September 2013

Sale of 11%

stake in Matas

DKK 583m

Financial Adviser

to CVC and Materialisterne

Sale to

Deal value

September 2013

Sale of Logstor

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

August 2013

Sale of ISS

Nordic Damage

Control

Not disclosed

Financial Adviser

to ISS Group

Damage Control

Sale to

Deal value

January 2014

Public offer for

Norwegian Car

Carrier

NOK 2.1bn

Financial Adviser

to Klaveness Marine

& J.P. Morgan

Acquisition of

Deal value

Place tombstone

here

H: 19.59

V: 3.4

February 2014Private

placement

DKK 13.1bn

Financial Adviser

to DONG Energy

Deal value

January 2014

Sale of

Rautaruukki

EUR 1.9bn

Financial Adviser

to Rautaruukki

Sale to

Deal value

April 2014

EUR 600m

Financial Adviser

to Vestas Wind Systems

JV with

Vestas and

Mitsubishi JV

Deal value

February 2014

Public offer for

Scania (37%)

EUR 6.7bn

Financial Adviser

to Volkswagen

Acquisition of

Deal value

November 2013

Sale of

Corenet

Not disclosed

Financial Adviser

to VR-Group and TDC

Sale to

Deal value

April 2013 - withdrawn

Public offer for

Cermaq

NOK 13.0bn

Financial Adviser

to Marine Harvest

Acquisition of

Deal value

7

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

April 2012

Kuwait Petroleum

DK

Not disclosed

Financial Adviser

to OK Ekonomisk Förening

Acquisition of

Deal value

May 2012

Sale of

49% of Lemken

Stoll France

Not disclosed

Exclusive Financial Adviser

to STOLL

Sale to

Deal value

July 2012

Helly Hansen

Not disclosed

Financial Adviser

to Ontario Teachers’ Pension

Plan

Acquisition of

Deal value

July 2012

Sale of

Staubo

Elektro-Maskin

Not disclosed

Financial Adviser

to Selling Shareholder

Sale to

Deal value

June 2012

Sale of

Däckia

SEK 675m

Exclusive Financial Adviser

to Procuritas

Sale of

Deal value

August 2012

Merger of

Munksjö and

Ahlstrom Label

and Processing

Not disclosed

Financial Adviser

to EQT and Munksjö

Merger with

Deal value

August 2012

Sale of

Luottokunta

EUR 170m

Financial Adviser

to the Seller and Luottokunta

Sale to

Deal value

November 2012

Sale of

Fortum’s small-

scale hydro

power plants

Not disclosed

Financial Adviser

to Fortum

Sale to

Deal value

September 2012

Merger of Uponor

infrastructure

solution divison

and KWH pipe

Not disclosed

Financial Adviser

to Uponor Corporation

Merger with

(Infrastructure

Solutions division)

Deal value

September 2012

Sale of

Espresso House

Not disclosed

Financial Adviser

to Palamon

Sale of

Deal value

September 2012

Sale of

PetVett

Not disclosed

Financial Adviser

to Seller

Sale to

Deal value

December 2012

Sale of KMD

Not disclosed

Financial Adviser

to EQT

Sale of

Deal value

January 2013

Mandatory offer

for Jeudan

DKK 14.0bn

Financial Adviser

to Jeudan

Offer for

Deal value

March 2013

Merger of

SF Bio and

FinnKino

SEK 3.0bn

Financial Adviser

to Bonnier

Merger of

Deal value

February 2013

60% stake in ICA

SEK 20.0bn

Joint Adviser

to Hakon Invest

Acquisition of

Deal value

October 2012

Sale of

Fortum’s small-

scale hydro

power plants

Not disclosed

Financial Adviser

to Fortum

Sale to

Deal value

April 2012

Sale of

24.9% stake in

Metsä Fibre

EUR 472m

Financial Adviser

to Seller

Sale to

Deal value

Create

tombstone

here

December 2012

Sale of

Wilhelm Stoll

Maschinenfabrik

Not disclosed

Financial Adviser

to Seller

Sale to

Deal value

8

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

July 2011

Atos Medical

Not disclosed

Financial Adviser

to EQT

Acquisition of

Deal value

August 2011

Sale of

PoB:s Elektriska

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

October 2011

Sale of

Wintech

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

September 2011

Sale of

Securitas Direct

SEK 21.0bn

Financial Adviser

to EQT

Sale of

Deal value

September 2011

Sale of

JF-Stoll

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

January 2012

Public offer for

Aspiro

SEK 340m

Financial Adviser

to Schibsted

Acquisition of

Deal value

January 2012

Sale of

Fortum

Energiaratkaisut

and Fortum

Termest

c. EUR 200m

Financial Adviser

to Fortum

Sale to

Deal value

February 2012

Sale of

Mita-Teknik

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

February 2012

Sale of

51% stake in

Salmon Brands

Not disclosed

Financial Adviser

to TINE

Sale of

Salmon

BrandsDeal value

January 2012

Inoxum

EUR 2.7bn

Financial Adviser

to Outokumpu

Acquisition of

Deal value

January 2012

Sale of

38% of CT

Offshore

Not disclosed

Financial Adviser

to Sellers

Partial sale to

Deal value

February 2012

Sale of

Ahlsell

SEK 15.5bn

Financial Co-Adviser

to Cinven & Goldman Sachs

Sale of

Deal value

March 2012

Sale of

60% of Killin

Voima Oy and 14

hydropower

plants

Not disclosed

Financial Adviser

to Fortum

Sale toKoillis-

Satakunnan

Sähkö /

Koskienergia

Deal value

March 2012

Norske Skog

Follum

NOK 60m

Financial Adviser

to Viken Skog

Acquisition of

Deal value

April 2012

Public offer for

Dan-Ejendomme

Holding

DKK 513m

Financial Adviser

to Pensionskassernes

Ejendomme

Acquisition of

Pensionskassernes

Ejendomme

Deal value

April 2012

Anticimex

SEK 2.7bn

Financial Adviser

to EQT

Acquisition of

Deal value

February 2012

Sale of

UPM packaging

paper assets

EUR 130m

Financial Adviser

to UPM

Sale to

(Paper packaging

assets)

Deal value

July 2011

Pysslingen

SEK 686m

Financial Adviser

to Academedia

Acquisition of

Deal value

9

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

November 2010

Certain assets in

Decernogruppen

SEK 146m

Appraisal Opinion

to Addnode

Acquisition of

(Certain assets)

Deal value

December 2010

Hafslund

Fibernett

NOK 1.5bn

Financial Adviser

to EQT

Acquisition of

Deal value

February 2011

Public offer for

Q-Med

SEK 7.7bn

Financial Adviser

to Q-Med

Sale to

Deal value

January 2011

Sale of

EET Nordic

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

December 2010

Sale of

Lemminkäinen’s

roofing business

EUR 25m

Financial Adviser

to Lemminkäinen

Sale to

Deal value

February 2011

Sale of

Maskinflisning

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

March 2011

Public tender

offer for Media

Norge

NOK 7.6bn

Financial Adviser

to Media Norge

Sale to

Deal value

June 2011

Public offer for

Tekla

EUR 319m

Financial Adviser

to Trimble Navigation Limited

Acquisition of

Deal value

May 2011

Public offer for

Danisco

EUR 4.9bn

Financial Adviser

to DuPont

Acquisition of

Deal value

April 2011

Fairness opinion

SEK 346m

Financial Adviser

to Tretti

Acquisition of

Deal value

March 2011

Sale of

Bringsvor Laks

NOK 141m

Financial Adviser

to Sellers

Sale to

Deal value

June 2011

Sale of

Unimerco Group

Not disclosed

Financial Adviser

to Sellers

Sale to

Deal value

July 2011

Sale of

Ramboll

Informatik

Not disclosed

Financial Adviser

to Rambøll Group

Sale to

Deal value

July 2011

Havsbrun

DKK 1.1bn

Financial Adviser

to Bakkafrost

Acquisition of

Deal value

July 2011

Sale of

Corvara Industri-

& Skadeservice

Not disclosed

Financial Adviser

to Corvara Holding

Sale to

Deal value

July 2011

Sale of

Sydtotal

Not disclosed

Financial Adviser

to Priveq

Sale of

Deal value

May 2011

Sale of

Interwheel

Not disclosed

Financial Adviser

to Interwheel

Sale to

Deal value

December 2010

OneMed Group

Not disclosed

Financial Adviser

to 3i

Acquisition of

Deal value

10

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

June 2009

Sale of

A2SEA

DKK 1.3bn

Exclusive Financial Adviser

to Seller

Sale to

Deal value

July 2009

Public offer for

Water Jet

Sweden

SEK 92m

Executive Financial Adviser

to Vega Ronneby

Acquisition of

Deal value

November 2009

Fionia Bank

DKK 900m

Exclusive Financial Adviser

to Nordea

Acquisition of

Deal value

October 2009

Kommunekemi

DKK 260m

Exclusive Financial Adviser

to EQT

Acquisition of

Deal value

October 2009

Divestment of

certain assets

and contracts to

GLS

Not disclosed

Exclusive Financial Adviser

to PostNord

Asset sale to

Deal value

December 2009

Public tender

offer for Larox

EUR 93m

Arranger

for Outotec

Acquisition of

Deal value

December 2009

Swedegas

Not disclosed

Exclusive Financial Adviser

to EQT

Acquisition of

Deal value

June 2010

Public offer for

Maconomy

DKK 470m

Financial Adviser

to Deltek

Acquisition of

Deal value

April 2010

Nordic three-way

merger

Not disclosed

Financial Adviser

to Synsam and majority owner

Alipes

Deal value

April 2010

Nets, PBS,

Nordito, BBS and

Teller

Not disclosed

Financial Lead Adviser

to PBS Holding

Merger with

Deal value

January 2010

Certain assets in

Clipper

DKK 100m

Financial Adviser

to Nordic Tankers

Acquisition of

(Certain assets)

Deal value

June 2010

Public offer for

Academedia

SEK 2.5bn

Exclusive Financial Adviser

to EQT

Acquisition of

Deal value

September 2010

Public offer for

Munters

SEK 5.7bn

Financial Adviser

to Nordic Capital

Acquisition of

Deal value

August 2010

Sale of

Farmos

Not disclosed

Financial Adviser

to Seller

Sale to

Deal value

November 2010

Sale of

29% stake in CT

Offshore

Not disclosed

Exclusive Financial Adviser

to Seller

Partial sale to

Deal value

October 2010

Sale of

Nergård

Not disclosed

Financial Adviser

to Lysnes Invest and Hopen

Invest

Partial sale of

Deal value

May 2010

Sale of

Welho

EUR 200m

Financial Adviser

to Seller

Sale to

Deal value

June 2009

Merger of Post

Danmark and

Posten Sverige

Not disclosed

Exclusive Financial Adviser

to Post Denmark, CVC and

the Danish state

Merger with

Deal value

11

M&A credentials

Nordea Markets – Investment BankingSelected M&A credentials

December 2007

Sale of

Gycom

Not disclosed

Financial Adviser

to Gycom

Sale to

Deal value

January 2008

Sale of

Empower

Not disclosed

Financial Adviser

to Seller

Sale of

Deal value

March 2008

Telelogic

EUR 555m

Exclusive Financial Adviser

to IBM

Acquisition of

Deal value

March 2008

Weibulls

Not disclosed

Exclusive Financial Adviser

to Econova

Acquisition of

Deal value

January 2008

Maersk car

carrier fleet

Not disclosed

Exclusive Financial Adviser

to Höegh Autoliniers

Acquisition of

(car carrier fleet)

Deal value

March 2008

Sale of

Regional

transmission grid

DKK 2.0bn

Exclusive Financial Adviser

to DONG Energy

Sale to(Transmission grid)

Deal value

April 2008

Stryhn’s

Not disclosed

Exclusive Financial Adviser

to Agra

Acquisition of

Deal value

November 2008

Nine branches of

Roskilde Bank

EUR 800m

Financial Adviser

to Nordea

Acquisition of

Deal value

July 2008

EDB Gruppen

DKK 604m

Exclusive Adviser

to Nordic Capital

Acquisition of

Deal value

May 2008

Sale of

TM Metal Baltic

to MBO

consortium

Not disclosed

Financial Adviser

to TM Metal Baltic

Deal value

April 2008

Sale of

Oden

Not disclosed

Exclusive Financial Adviser

to Seller

Sale to

Deal value

December 2008

KMD

DKK 2.0bn

Exclusive Financial Adviser

to EQT & ATP

Acquisition of

Deal value

January 2009

Public offer for

Broström

SEK 3.6bn

Arranger

for A.P Møller - Mærsk

Acquisition of

Deal value

January 2009

Fairness opinion

DKK 276m

Financial Adviser

to Lundbeck

Sale of

shares inDeal value

June 2009

Sale of

Paloheimo

Not disclosed

Financial Adviser

to Paloheimo

Sale to

Deal value

February 2009

Public mandatory

offer for Scania

SEK 31.6bn

Financial Adviser

to Porsche

Acquisition of

Deal value

September 2008

Sale of

YaWah

Not disclosed

Exclusive Financial Adviser

to YaWah

Sale to

Deal value

December 2007

Sale of

Argos Soditic

and Maillefer

Not disclosed

Exclusive Financial Adviser

to Argos Soditic

Sale to

Deal value

12