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If a client is at any time dissatisfied with the service they are receiving or would like to discuss how our service could be improved, they should contact the Partner responsible for their matter or, if preferred, the Managing Partner.
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These Terms include among others provisions on the use of cloud services for the storage and processing of data and on data protection and international data transfer. Key provisions in the Engagement Letter include compliance with the Dutch Act on the Prevention of Money Laundering and Terrorist Financing (“Wwft” in Dutch), responsibility of assignment, limitation of liability, complaints procedure and applicability of Dutch law and jurisdiction.Īny assignment is also governed by our customary Standard Terms of Engagement for Legal Services. The White & Case team which advised on the transaction was led by partners Jan Jensen and Henrik Wireklint (both Stockholm) and included partners Caroline Sherrell (London), Carl Hugo Parment, Martin Järvengren (both Stockholm), Tilman Kuhn (Dusseldorf) and Laura Hoyland (Berlin), counsel Michal Bark-Jones (Stockholm), Sara Nordin (Brussels) and Paul Harrington (London), and associates Marcus Halling, Alexander Berlin-Jarhamn, Josephine Martinsson, Carl Runesson, Johanna Wagner, Daniel Agnemyr, Omid Dares, Minna Horwitz (all Stockholm), Louse Lundberg (Brussels), Heidi Blomqvist, Emma Barker, Josephine Levick (all London) and Martin Braun (Dusseldorf).įor more information please speak to your local media contact.All services and other work are carried out under an Engagement Letter (“overeenkomst van opdracht”) with Baker & McKenzie Amsterdam N.V. It is a leading global, long-term, responsible investor, with over 1,000 financial professionals located across offices in the Netherlands, Asia, and the United States. Fortum’s shares are listed on Nasdaq Helsinki.ĪPG Asset Management invests and grows the investment capital of over 4.7 million Dutch pension participants. It has approximately 19,000 employees and a combined balance sheet of approximately €69 billion.
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Choosing APG means choosing a job in which you contribute to a bright future. To that end, APG strives for an inclusive work environment in which everyone can be themselves and their unique qualities are embraced. That explains the importance we attach to reflecting Dutch society. APG is one of the largest pension fiduciary asset managers in the world, working for over 22,000 employers and providing the pension for one in five families in the Netherlands (approximately 4.7. In 2020, Stockholm Exergi's heating and cooling sales were 7.6 TWh and power sales 0.7 TWh with an EBITDA of SEK 2.8 billion.įortum is a European energy company active in more than 40 countries, which provides customers with electricity, gas, heating and cooling as well as smart solutions to improve resource efficiency. APG is committed to serving 4.7 million people in the Netherlands. It provides highly environmentally sustainable heating for more than 800,000 people in metropolitan Stockholm and cooling for over 400 hospitals, data centres and other properties, making it the largest and most versatile district heating and cooling provider in the Nordics. Stockholm Exergi is the local energy company of Stockholm, owned by the City of Stockholm and Fortum. Closing is expected to take place before the end of 2021. The transaction is subject to customary closing conditions. The total consideration is approximately SEK 29.5 billion (approximately €2.9 billion based on current currency rates) and is based on a 100 percent enterprise value of SEK 71.9 billion (approximately €7.1 billion based on current currency rates). News distribution : Dutch pension fund APG Asset Management and investment firm The Xander Group, are co-investing 450 million in retail assets in India. APG already leases its phones for part of its 3.000 employees from CHG-MERIDIAN, a service company specialized in leasing.By choosing for lease instead of ownership, APG already shows that sustainability is on their corporate agenda. Global law firm White & Case LLP has advised a consortium of long-term European institutional investors comprising APG Asset Management N.V., PGGM Vermogensbeheer B.V., Alecta pensionsförsäkring, Keva and AXA Infrastructure Equity on the acquisition of 50 percent of the shares in Stockholm Exergi Holding AB from Fortum. The Dutch pension fund provider APG had the wish to make the leasing process of their electronics more sustainable.