
Nordic unquote" April 2012
Swedish life assurer and private equity LP Skandia Liv has received the go-ahead to buy its parent company Skandia from Old Mutual for SEK 22.5bn.
The deal, which was announced in December last year, has been approved by the Swedish financial supervisory authority (FI) and 99.99% of voting shareholders at an Old Mutual general meeting.
The move consolidates Skandia subsidiaries Skandia Link, Skandiabanken, Skandia Lifeline, and Skandia Liv into an insurance and banking group with two million customers and SEK 440bn of assets under management.
In the April edition of Nordic unquote":
*Creative industries and risky business
*Are flotations back?
*Antitrust laws
*And more...
Download the latest digital edition of Nordic unquote" now!
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