Announced

Completed

Svea Bank completed the acquisition of 90% stake in Fuusor.

Synopsis

Svea Bank, a Swedish financial group, completed the acquisition of 90% stake in Fuusor, a Finnish company that provides cloud-based software. Financial terms were not disclosed. The transaction opens up new business opportunities for Svea and also supports Svea's current business operations and service development. The acquisition of Fuusor is a significant step in a more multi-service direction for Svea.

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