Announced
Completed
Financials
Tags
Asset Managers and Custodians
Single Bidder
asset management company
Majority
Friendly
Completed
Acquisition
Norway
Public
Synopsis
Storebrand, Norway's largest private asset manager, completed the acquisition of Skagen, a Scandinavian mutual fund company, for €170m. "I am very excited about this transaction, which represents a new chapter in Skagen's history. I am looking forward to working with Storebrand to create good returns and increased value for our customers,' Øyvind Schanke, Skagen CEO.
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