case | 09 May 2023

Setterwalls advises Dina Försäkringar in connection with a public takeover bid

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Dina Försäkring AB (Dina Försäkringar) has submitted a public takeover bid to the shareholders and warrant holders of Paydrive AB (Paydrive). Setterwalls advises Dina Försäkringar in connection with the public takeover bid.

Dina Försäkringar is one of Sweden’s largest insurers and offers business insurances as well as private insurances covering vehicles, homes, families and animals. Dina Försäkringar has had Sweden’s most satisfied customers for several years in a row and offers long-term security through personal service, both digitally and on site at one of the company’s 30 offices around Sweden.

Paydrive is listed on the Nordic Growth Market and offers individually tailored car insurances. By analysing the customer’s driving behaviour, the insurance premium can be tailormade and Paydrive’s customers only pay for the miles they drive and are also rewarded with a lower price for safe driving. Customers can also access a personal driving log and WiFi in the car through the Paydrive Sense service.

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