Avance is advising Preato Capital AB, the largest shareholder of Sievi Capital Plc and the controlling shareholder of Boreo Plc, in relation to the proposed combination of Sievi Capital and Boreo. The proposed combination will be implemented as a statutory absorption merger whereby Sievi Capital will merge into Boreo. The completion of the combination is expected to occur during the first half of 2022 and remains subject to certain customary conditions, including shareholder approval and merger control clearances. The combined company would become one of the leading growth platforms for small and medium-sized companies on the Nasdaq Helsinki Stock Exchange.