Fogel & Partners acted as advisor to Peutinger in connection with its acquisition of IES

Fogel & Partners acted as advisor to Peutinger AB, a consortium led by the value fund Paradigm Capital, in connection with its acquisition of the Swedish education company Internationella Engelska Skolan (IES). The offer is completed since Peutinger now owns 99.66 percent of the total number of shares and votes in IES.

The offer of SEK 82 per share valued IES to approximately SEK 3.3 billion and represents a premium of approximately 15.70 percent compared to the volume-weighted average share price of SEK 70.87 for IES’ share on Nasdaq Stockholm during the last 180 trading days before the announcement of the Offer.