STOCKHOLM, Sweden, March 11, 2003 (PRIMEZONE) -- Carnegie has signed a Heads of agreement regarding the acquisition of Capinordic A/S Swedish subsidiary Unitfond i Helsingborg AB. In the event of an acquisition, the consideration will be split into a fixed part, comprising the acquired company's equity plus SEK15m, and a variable part, depending on the operations' performance in the five next years. The acquisition is subject to due diligence, and the aim is for a final agreement to be reached before 23 March.
Unitfond runs managed fund portfolios with a combined volume of around SEK2.4bn. Carnegie has corresponding operations comprising a volume of around SEK1.8bn.
For further information, please contact:
Bertil Hult, Head of Carnegie Asset Management & Private Banking, +46 8 58 86 90 90
Mats-Olof Ljungkvist, CFO, +46 8 5886 90 13
Birgitta Henriksson, IR, +46 8 676 86 39
Carnegie is the leading Nordic investment bank, operating in three principal business areas: Securities, Investment Banking and Asset Management & Private Banking. Carnegie provides a wide array of products and services to Nordic and international clients from offices in seven countries: Sweden, Denmark, Norway, Finland, Luxembourg, UK and the US.