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Announced

Nordic Capital and Sampo acquired a 17.5% stake in Norwegian Finans Holding for $246m.

Synopsis

Nordic Capital and Sampo acquired a 17.5% stake in Norwegian Finans Holding, a fully digital bank, from Norwegian Air Shuttle, a Norwegian low-cost airline and Norway's largest airline, for $246m. “Nordic Capital and Sampo have extensive experience and a strong track record in the financial services sector in the Nordic region and sees NOFI as an interesting company with strong growth potential. We look forward to becoming committed shareholders and support the company to become a leading pan-European financial institution, together with Norwegian Air Shuttle and their customer loyalty program, Norwegian Reward”, says Christian Frick, Partner and Head of Financial Services, Nordic Capital Advisors.

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