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Carnegie Investment Bank, DNB
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 Sweden's 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).
Norwegian Bank DNB to acquire Swedish investment bank Carnegie for $1.14B
DNB acquires Swedish investment bank Carnegie for 12 billion crowns ($1.14 billion), boosting its Nordic market presence and targeting a 15% return on invested capital.
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.
Norway's biggest bank DNB to buy Carnegie in $1.14 bln deal
Norway's biggest bank, has said it will buy Carnegie Holding AB, a leading Nordic investment bank and asset manager, for SEK 12 billion ($1.14 billion). The transaction, expected to close in
NL Times
15h
Opposition parties criticize the DNB president for comments about Affordable Rent Act
Opposition parties are not happy about the critical comments made by Klaas Knot, the president of De Nederlandsche Bank (DNB) ...
2d
on MSN
'There is strong momentum' in the Norwegian economy, DNB CFO says
Ida Lerner, CFO of DNB, discusses third-quarter earnings and the banking sector. Switzerland gives up neutrality 31 ...
22h
DNB Bank price target raised to NOK 230 from NOK 220 at JPMorgan
JPMorgan raised the firm’s price target on DNB Bank (DNBBY) to NOK 230 from NOK 220 and keeps a Neutral rating on the shares. Published ...
3d
Norway's DNB tops Q3 profit expectations
Norway's largest bank DNB reported bigger-than-expected third-quarter earnings on Tuesday, and said increased lending volumes ...
Lowyat.net
2d
DNB Appoints Former PLUS Executive As New CEO
Datuk Azman Ismail, the former managing director and chief executive officer of PLUS Malaysia Bhd, has been appointed as the ...
news.stocktradersdaily
4d
(DNB) Pivots Trading Plans and Risk Controls
Check the time stamp on this data. Updated AI-Generated Signals for Dun & Bradstreet Holdings Inc. (DNB) available here: DNB.
2d
Kepler Capital Keeps Their Buy Rating on DNB ASA (0O84)
Kepler Capital analyst Christoffer Adams maintained a Buy rating on DNB ASA (0O84 – Research Report) on October 21 and set a price ...
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