Announced
Financials
Sources
Tags
real estate investment
Single Bidder
Finland
Asset Managers and Custodians
Friendly
Domestic
Acquisition
Private
Pending
asset management
Majority
Private Equity
Synopsis
S-Pankki, a retail banking company, agreed to acquire the asset management and real estate investment services businesses from Fennia Group, a provider of risk management and insurance services. Financial terms were not disclosed. "Fennia has unique expertise in asset management and especially in real estate investment and real estate funds, which perfectly complements our current products and expertise. The acquisition makes us one of Finland's most significant real estate asset managers," Hanna Porkka , S-Pankki Director of Wealth Management.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.