Acquisition of Vardia Insurance Group ASA’s Swedish insurance portfolio (NO) by Gjensidige Forsikring ASA (NO) — SEK 200 million

Carnegie acted as adviser to Vardia Insurance Group in connection with Gjensidige Forsikring’s aquisition of the Swedish insurance portfolio of Vardia. Vardia is an insurance company focusing on property and casualty insurance for the retail and SME segments. Vardia was founded in Norway in 2009 and listed on the Oslo Stock Exchange in 2014. May 2016.