Sweden's Handelsbanken to sell Finnish businesses for $1.4 bln

Oma Saastopankki Oyj

31/05/2023 06:17

OSLO, May 31 (Reuters) - Sweden's Handelsbanken
 SHBa.ST  said on Wednesday it has agreed to sell parts of its
Finnish operation to three local companies for about 1.3 billion
euros ($1.43 billion), equal to the net assets of the divested
businesses.
    Private customer, asset management and investment services
operations were sold to S-Bank, small and medium-sized
enterprise operations were sold to Oma Savings Bank  OMASP.HE 
and life insurance operations to Fennia, Handelsbanken said.

($1 = 0.9084 euros)

 (Reporting by Terje Solsvik; Editing by Christian Schmollinger)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70;))