DNB to acquire a 15% stake in Eksportfinans for $69m.

Synopsis

DNB, a Norwegian financial services group offering banking, financing and investment services, agreed to acquire a 15% stake in Eksportfinans, a company offering long-term financing for the Norwegian export sector, for $69m.

Principals

target

EKSPORTFINANS

bidder

Dnb Bank Asa

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Market Context

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Seller Team (2)

geir ove olsen

CEO at EKSPORTFINANS

Investor

target

Deal

£ 54 M

Total Value

ole anders naess

CFO at EKSPORTFINANS

Investor

target

Deal

£ 54 M

Total Value

Bidder Team (2)

kjerstin braathen

CEO at DNB BANK ASA

Manager

bidder

Deals

£ 2.63 B

Total Value

ida lerner

CFO at DNB BANK ASA

Manager

bidder

Deals

£ 927 M

Total Value

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