Saxo Bank drops merger talks amid challenging market conditions

2026 Corporate Holdings

07/12/2022 07:45

COPENHAGEN, Dec 7 (Reuters) - Denmark's Saxo Bank on
Wednesday said it had terminated discussions regarding a
proposed business combination with  special purpose acquisition
company Disruptive Capital Acquisition  DCACS.AS  due to
challenging market conditions.
    Saxo announced in September it was exploring a listing on
Amsterdam's stock exchange through the proposed merger.
 (Reporting by Stine Jacobsen and Nikolaj Skydsgaard, editing by
Terje Solsvik)
 ((stine.jacobsen@thomsonreuters.com; +45 21 56 90 10;))