Cleantech Europe II Luxembourg Sarl and Readly Co-Investment LP have on April 14, 2021, divested three million shares in Readly International AB on behalf of limited partners. The divestment was carried out through an accelerated bookbuilding procedure and was offered at 55 SEK per share to Swedish and international institutional investors.
Readly offers a digital subscription service for magazines with content from third party publishers.
ABG Sundal Collier acted as sole global coordinator and bookrunner. Baker McKenzie acted as legal advisor with a capital markets team consisting of Joakim Falkner, Henric Roth and Stefan Balazs.