Brief: Avanza Bank Divests Holdings In Stabelo To Swedbank

Avanza Bank Holding AB (publ)

01/07/2025 07:24

July 1 (Reuters) - Avanza Bank Holding AB AVANZ.ST:

AVANZA DIVESTS ITS HOLDINGS IN STABELO

AVANZA WILL OBTAIN AN INITIAL PURCHASE PRICE OF SEK 59 MILLION AND AN EARN-OUT PAYMENT DEPENDING ON STABELO'S DEVELOPMENT UP TO AND INCLUDING 2028

AVANZA AND OTHER MAJOR SHAREHOLDERS HAVE TODAY ENTERED INTO AN AGREEMENT TO SELL STABELO TO SWEDBANK

Source text: ID:nMFN410c7R

Further company coverage: AVANZ.ST

 (Gdansk Newsroom)

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