Capinordic A/S has concluded a conditional purchase agreement to acquire Nordisk Fondservice AB. At the conclusion of the agreement, the purchase price amounts to SEK 350m, corresponding to approximately DKK 283m. The purchase price will be paid with about DKK 146m in cash and 4,931,940 shares. The subscription price has been fixed at DKK 27.92 per share. The subscription price has been fixed as a weighted average over ten trading days of the price quoted for Capinordic A/S from 20 April 2007 up to and including 3 May 2007. A satisfactory due diligence review has been completed. Capinordic A/S expects the acquisition to become final by mid-2007. One of the conditions for the acquisition is approval by the Swedish Financial Supervisory Authority. For further information, please contact: Lasse Lindblad, Group CEO +45 8816 3000, +45 4094 0708 info@capinordic.com
Published in Danish May 7 2007 at 11.42 - Capinordic A/S acquires Nordisk Fondservice AB -the fastest growing Swedish manager of “fondförsäkringer”
| Source: Newcap Holding