Lazard’s Top Swedish Banker Acquitted in Atlas Bribery Case

Lazard Ltd.’s most senior banker in Sweden was acquitted by the city’s district court in a bribery case linked to an acquisition by industrial giant Atlas Copco AB.

The US investment bank advised Atlas on its 2015 acquisition of Switzerland-based OC Oerlikon Corporation AG’s vacuum business for a total of 525 million Swiss francs ($573 million).

Gustaf Slettengren was accused of paying a board representative of OC Oerlikon to obtain information. The court ruled Wednesday that it hadn’t been established that the payment was unduly.

The bank’s press office in London declined to comment when contacted by ...