Mehiläinen repurchases all shares held by LocalTapiola

Avance advises Mehiläinen and its majority owner, CVC Capital Partners, on a transaction whereby Mehiläinen Konserni Oy repurchased all shares held by LocalTapiola in the company as well as the related debt financing arrangements. Prior to the transaction, LocalTapiola owned approximately 20 percent of the shares in Mehiläinen Konserni Oy.