Brief: Mandatum Acquires Swedish Asset Manager Cliens
13/08/2026 07:05
BRIEF-Mandatum Acquires Swedish Asset Manager Cliens Aug 13 (Reuters) - Mandatum Oyj MANTA.HE:
INSIDE INFORMATION: MANDATUM ACQUIRES SWEDISH ASSET MANAGER CLIENS AND STRENGTHENS ITS POSITION IN NORDIC ASSET MANAGEMENT
TO BUY 78.4% OF CLIENS HOLDING AB
PURCHASE PRICE IS SEK 705 MILLION (EUR 64 MILLION) FOR CLIENS ACQUISITION
CONSIDERATION TO BE PAID IN CASH FROM EXISTING LIQUIDITY RESERVES
CLIENS MANAGEMENT AND EMPLOYEES TO RETAIN 21.6% OWNERSHIP
DEAL EXPECTED TO BE EPS ACCRETIVE IMMEDIATELY FROM COMPLETION
Source text: ID:nWkr37ZHs
Further company coverage: MANTA.HE
(Gdansk Newsroom)
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