To Nasdaq Copenhagen
14 August 2019
Luxembourg supervisory authority approves Nykredit's acquisition of 75% of the shares in Sparinvest
In accordance with company announcement dated 1 March 2019, Nykredit has entered into a conditional agreement with the owners of Sparinvest Holdings SE for Nykredit to obtain 75% of the shares in Sparinvest.
The agreement was subject to approval by the Danish Competition and Consumer Authority as well as the Luxembourg supervisory authority, CSSF.
According to company announcement dated 9 July, the transaction had been approved by the Danish Competition and Consumer Authority. The transaction has now also been approved by the Luxembourg supervisory authority.
With the authority approvals in place, the transaction is expected to be completed on 30 August 2019.
For further information about the transaction, please refer to company announcement dated 1 March 2019.
Further information:
Questions may be addressed to Jonas R. Haugegaard, Head of Wealth Management Communications, tel +45 44 55 14 96 or +45 23 67 48 61.
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