Brief: Mandatum To Sell All Its Shares In Saxo Bank
10/03/2025 06:09
March 10 (Reuters) - Mandatum Oyj MANTA.HE: TO SELL ALL ITS SHARES IN SAXO BANK A/S TO SELL 19.83% STAKE IN SAXO BANK FOR EUR 319 MILLION TRANSACTION IS EXPECTED TO BE FINALISED BEFORE END OF 2025 SEES TO RECORD A MINOR PRE-TAX GAIN AFTER TRANSACTION COSTS FOR Q1 2025 GEELY FINANCIALS DENMARK A/S AND MANDATUM WILL SELL ALL THEIR SHARES IN SAXO BANK TO BANK J. SAFRA SARASIN AG FOUNDER AND CEO OF SAXO BANK, KIM FOURNAIS, WILL REMAIN AS SHAREHOLDER IN SAXO BANK Source text: ID:nWkr7V5QzV Further company coverage: MANTA.HE (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))
Recent news on Mandatum Oyj
See all newsBrief: Mandatum AEO Deal Expected To Price At EUR 6.11 Per Share, Says Bookrunner
Brief: Mandatum AEO Books Are Covered, Says Bookrunner
Brief: Mandatum AEO Transaction Size About 22.38 Million Shares Says Bookrunner
Brief: Citi, ABGSC, SEB Have Been Engaged By Altor To Sell 22.4 Million Shares In Mandatum To Institutional Investors, Bookrunner Says
Mandatum heads for record one-day gain after Q2 beat