The Gustaf Douglas family has, through the holding company Förvaltnings AB Wasatornet, divested shares in Investment AB Latour at a price of SEK 190 per share resulting in gross proceeds of SEK 2,090 million. The share sale was carried out through an accelerated bookbuilding procedure and was offered to Swedish and international investors.

Following the share sale, the Gustaf Douglas family will hold 487 million shares in Investment AB Latour, representing 76.0 per cent of outstanding shares and 79.2 per cent of the votes in the company.

DNB Markets and Citigroup Global Markets Europe acted as Joint Bookrunners. Baker McKenzie acted as legal advisor to Förvaltnings AB Wasatornet, with a capital markets team consisting of Joakim Falkner, Per Blom and Ian Gulam from Stockholm, as well as Adam Farlow from London.

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