Initial public offering of Billerud (SE) — SEK 2.4 billion

As part of its restructuring, AssiDomän has spun-off its 70 per cent holding in Billerud to the AssiDomän shareholders. Following the distribution of shares, Billerud was listed on the O-list of Stockholmsbörsen. Carnegie acted as adviser to AssiDomän in the restructuring work and Billerud in the listing process.November, 2001.