DNB Bank Agrees to Buy Swedish Banking Group Carnegie For $1.1 Billion
DNB Bank agreed to buy Swedish investment bank and asset manager Carnegie for around 12 billion Swedish kronor ($1.14 billion) in cash as it moves to bolster its Nordic footprint.The Norwegian lender will buy Carnegie from Swedish private equity group Altor and minority shareholders,
Norwegian Bank DNB to Buy Carnegie for $1.14 Billion
STOCKHOLM (Reuters) -Norway's largest bank DNB said on Monday it had agreed to buy Swedish investment bank and asset manager Carnegie from private equity firm Altor and minority shareholders for around 12 billion Swedish crowns ($1.14 billion).
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Norway’s DNB Bank to Buy Carnegie Holding for $1.1 Billion
DNB Bank ASA will acquire all the shares of Swedish financial services group Carnegie Holding AB for about 12 billion kronor ($1.1 billion) in cash.
DNB Bank acquires asset manager Carnegie
Additionally, DNB Wealth Management has a large operation in Norway in asset management, private banking, pensions, and savings. Carnegie's brand and lengthy track record in this category, particularly in Sweden and other Nordic markets, and will provide additional prospects for the merged business throughout the Nordic region.
Norwegian bank DNB to buy Sweden's Carnegie for $1.14 billion
Norway's largest bank DNB has agreed to buy Swedish investment bank and asset manager Carnegie from private equity firm Altor and minority owners for around 12 billion Swedish crowns ($1.14 billion),
DNB Bank To Acquire Carnegie Holding AB - Quick Facts
DNB Bank ASA has entered into an agreement to acquire all the shares of Carnegie Holding AB, from Altor and the minority shareholders
Norwegian Bank DNB to acquire Swedish investment bank Carnegie for $1.14B
Norway’s largest bank, DNB (DNB.OL), is set to acquire Swedish investment bank and asset manager Carnegie for 12 billion Swedish crowns ($1.14 billion). The all-cash transaction, agreed with private equity firm Altor and minority stakeholders,
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DNB boosts shipping position with $1.1bn buy of Sweden’s Carnegie
Norwegian bank giant DNB buys Sweden’s Carnegie in a move to expand in investment banking and wealth management. DNB entered ...
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