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Elkem ASA (“Elkem” or the “Company”) announced on 30 April 2026 the successful closing of the sale of the majority of its Silicones division to Bluestar to be settled with all Elkem shares held by Bluestar through Bluestar Elkem International Co. Ltd. S.A. (collectively with its relevant affiliate(s), “Bluestar”) (the “Transaction”).

The Transaction was announced 13 February 2026 and will enable Elkem to create a globally leading metals and materials producer. Following the closing and approval of all closing conditions, Bluestar will no longer hold any shares in Elkem, and the minority investors in Elkem will assume 100% control of Elkem, which will remain listed on the Oslo Stock Exchange. The Transaction perimeter includes all assets, rights and liabilities, as well as employees in relation to the sold perimeter. Geographically, the sold assets are located across the globe, with APAC constituting the largest market. The closing of the Transaction represents a significant milestone in streamlining Elkem into a focused pure play metals and materials company and will enable the Company to reallocate capital to the remaining segments over time, accelerating growth and ensuring a more attractive financial profile with reduced complexity, less volatility and stronger cash flow generation for investment and distribution to shareholders. With a stronger focus on core products and markets, Elkem will be better suited to pursue value-accretive expansion opportunities over time.

ABGSC is proud to have assisted Elkem in its public strategic review resulting in the Transaction, which represented yet another successful transaction with ABGSC acting as adviser to Elkem following its IPO in 2018. We would like to extend our appreciation to the Company and its Board for the continued trust and look forward to following Elkem’ journey going forward.

On Wednesday, 29 April 2026, Eurowind Energy A/S (“Eurowind”) announced that it had entered into an agreement to divest a minority stake in the company to Blackstone Infrastructure Partners through an equity investment of up to EUR 2.0bn. The investment will enable Eurowind Energy to accelerate its expansion, installing three to four times more wind, solar and battery capacity than today.

Eurowind Energy is a Danish renewable energy company specialising in the development, construction and operation of wind, solar and hybrid energy projects across 16 markets in Europe. The company covers the full value chain, from early-stage development and permitting to financing, construction, operations and power sales. Blackstone Infrastructure Partners is an active investor in energy, transport, digital infrastructure, as well as water and waste infrastructure. Blackstone Infrastructure Partners applies a long-term buy-and-hold strategy in large infrastructure assets, focusing on delivering stable, long-term value creation combined with predictable annual cash flow returns.

ABGSC would like to thank Eurowind for the opportunity to partner as exclusive financial adviser in connection with the transaction.

On April 23, 2026, Ascelia Pharma AB (the ‘’Company’’) announced the successful completion of a directed issue of approximately 6.7 million shares at a price of SEK 3.00, raising gross proceeds of SEK 20 million. The Company intends to use the net proceeds to strengthen its balance sheet ahead of a pivotal period for the Company, enhance its negotiation position in partnering discussions and to extend the cash runway into 2027, comfortably past the PDUFA date 3 July 2026, when the US Food and Drug Administration (FDA) is expected to render its decision on the New Drug Application (NDA) for Orviglance.

Conapto, a portfolio company of Marguerite, has successfully issued subsequent senior secured bonds of SEK 500 million within its existing bond framework of SEK 2,000 million. The subsequent bonds will be issued at a price of 101.50 per cent. of the nominal amount and the issuance was initiated by a reverse inquiry.

On Tuesday 14 April 2024, Odin Forvaltning AS (“Odin”) and affiliated entities, sold approximately 10.6 million shares in Måsøval AS (“Måsøval“), representing approximately 8.7% of the outstanding shares in Måsøval, to Kverva Finans AS. The transaction was priced at NOK 35.20 per share, representing a ~15% premium to the prevailing share price in Måsøval, resulting in a total transaction size of approx. NOK 375 million.

ABG Sundal Collier acted as sole financial advisor to Odin in the transaction.

On Monday, 20 April 2026, PowerCon Holding ApS (“PowerCon”) announced that it had entered into an agreement to divest the Company to KK Group, backed by A.P. Moller Holding, for an undisclosed consideration.

PowerCon is an international engineering and manufacturing company specialising in advanced power conversion solutions for the maritime, wind, and battery energy storage system (BESS) industries. The company pioneered modular shore power solutions, enabling ships at berth to connect to onshore electrical grids, and has since established itself as a global leader within this segment. PowerCon employs more than 200 people and is headquartered in Hobro, Denmark. KK Group is a global leader in power, control, cooling, monitoring, and service solutions for renewable and energy-intensive industries. Building on decades of experience in the wind and cooling sectors, KK Group develops electromechanical solutions that support electrification, enhance energy efficiency, and extend the lifetime of critical infrastructure. The company is headquartered in Ikast, Denmark, and operates internationally with a strong presence across Europe, Asia, and North America. The acquisition strengthens the two companies’ capabilities within power conversion and battery energy storage systems, unlocking access to new markets, and creates significant cross-selling opportunities across a combined customer base in wind, maritime and energy storage.