Copenhagen, Helsinki, Oslo, Stockholm, 14-7-2014 — /EuropaWire/ — The sale of Nordea’s 20.7% stake in Nets Holding A/S to a consortium consisting of funds advised by Advent International, ATP and Bain Capital was completed today.
Nordea’s total proceeds of the divestment was approximately DKK 3.5 billion (approximately EUR 470 million) leading to a tax-free capital gain of approximately DKK 2.8 billion (EUR 378 million) that will be recognised during the third quarter in Other income.
For more details, see today’s press release from the buying consortium.
For further information:
Rodney Alfvén, Head of Investor Relations, +46 8 614 7880 or +46 72 235 05 15
Erik Durhan, Chief Press Officer, +46 8 614 8125
The information provided in this press release is such that Nordea is required to disclose pursuant to the Swedish Financial Instruments Trading Act (1991:980) and/or the Swedish Securities Markets Act (2007:528).
Nordea’s vision is to be a Great European bank, acknowledged for its people, creating superior value for customers and shareholders. We are making it possible for our customers to reach their goals by providing a wide range of products, services and solutions within banking, asset management and insurance. Nordea has around 11 million customers, approximately 800 branch office locations and is among the ten largest universal banks in Europe in terms of total market capitalisation. The Nordea share is listed on the NASDAQ OMX Nordic Exchange in Stockholm, Helsinki and Copenhagen.