The current financial crisis in Sweden has acted as a reminder of a similar recession in the country in the 1990s. 2010 promises bright prospects, but can the Swedish market make a full recovery? Friederike Heine reports
Sweden’s lawyers are experiencing a sense of deja vu, with the financial crisis and the general anxiety it brought about in the Swedish market causing lawyers to reminisce about the country’s trouble in the early 90s. The current financial crisis saw the end of Scandinavia’s M&A boom; initial public offerings (IPO) and large transactions – in particular private equity deals – were extremely rare.
