Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Nordea to acquire Gjensidige Bank
July 4, 2018

Nordea has entered into an agreement with Gjensidige Forsikring ASA to acquire all shares in Gjensidige Bank ASA. The agreement also includes a long-term strategic mutual distribution cooperation with Gjensidige in Norway. Nordea will acquire Gjensidige Bank for an estimated cash consideration of EUR 578m. The acquisition adds 176.000 customers with EUR 4,840m customer assets.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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