Redemption in Swedish Match (SE) — SEK 1.0 billion

Carnegie acted as adviser to Swedish Match on a redemption program of every fourteenth share. The offer was directed to Swedish Match’s 100,000 shareholders through a worldwide offer as well as a separate US offer. Swedish Match is a tobacco company specialized in niche products such as smokeless tobacco, cigars and pipe tobacco, as well as in matches and lighters.June, 2000.