NORWAY / SWEDEN - Institutional investment has made up the bulk of a deal between Norwegian financial firm Storebrand in its acquisition of SPP, a Swedish life insurance and pensions provider, creating a "Nordic platform" for pensions.
It came after Storebrand entered into an agreement with Handelsbanken, for the purchase of SPP, the subsidiary of Handelsbanken, for a total cash consideration of SEK 18bn (€1.9bn). The key ent...
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