Announced
Financials
Tags
Domestic
Friendly
asset management
Majority
Finland
Asset Managers and Custodians
Pending
Private
Single Bidder
Acquisition
Synopsis
LocalTapiola Group, an insurance company, agreed to acquire an additional stake in Seligson & Co, an investment service in Helsinki, Finland. Financial terms were not disclosed. Finalizing the change of ownership is pending approval of the relevant authorities. Preliminary estimate for that is September 2020.
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