Acquisition of Lexel Holding A/S (DK) by Groupe Schneider (FR) — DKK 6.7 billion

Carnegie acted as joint adviser to Groupe Schneider in the acquisition, through a negotiated transaction, of Lexel Holding A/S, a company active in the field of electrical installation material, from NKT Holding A/S (DK) and Ahlstrom Corporation Oy (FI). June, 1999.