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Announced

Completed

Jyske Bank completed the acquisition of Denmark operations of Handelsbanken for $423m.

Synopsis

Jyske Bank, a Danish bank, completed the acquisition of Denmark operations of Handelsbanken, a Swedish bank, for $423m. ”The acquisition of Handelsbanken Denmark is an attractive opportunity to strengthen our market position and longterm competitiveness. Handelsbanken Denmark is a well-run bank, delivering a strong suite of solutions to both private and corporate clients across the country. Through the acquisition, we can further develop the combined business, benefitting our clients, create new career opportunities for our skilled employees, and generate value for our shareholders,” Anders Dam, Jyske Bank Managing Director and CEO.

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