Assignments
October 4, 2022Cirio advised ABB on the spin-off of Accelleron
Cirio has advised ABB Ltd on the Swedish capital markets aspects of the spin-off of Accelleron Industries AG. Formerly known as ABB Turbocharging, Accelleron Industries Ltd is a global leader in turbocharging technologies.
ABB has distributed the Accelleron shares on a pro rata basis, as dividend in kind, with 1 Accelleron share for 20 ABB Ltd shares held.
The Cirio team was led by Annika Andersson, Head of Capital Markets and Public M&A, together with Sebastian Iso-Kamula, Rebecka Tallberg, and Julia Alander (all Capital Markets and Public M&A).
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