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eQ Oyj Executes Acquisition of Asset Management Business from Icecapital Securities Ltd


Wednesday, 2 Jan 2013 02:30am EST 

eQ Oyj announced in relation to the announcement of November 20, 2012 on acquisition of Icecapital Asset Management Ltd and its fully owned subsidiaries, excluding real estate private equity fund business, that the transaction was executed. It was stated in the stock exchange release that the acquired business is planned to be integrated into eQ Group as soon as possible by executing business transfers in early 2013, where the business of Icecapital Asset Management Ltd is transferred to eQ Asset Management Ltd and business of Icecapital Fund Management Company Ltd to eQ Fund Management Company Ltd. The abovementioned business transfers were executed on January 1, 2013, and hereinafter the asset management business of eQ Group will be run through eQ Asset Management Ltd and its subsidiaries, and accordingly the fund management business of eQ Group will be executed through eQ Fund Management Company Ltd. After the executed business transfers, Icecapital Asset Management Ltd will be merged to eQ Asset Management Ltd and Icecapital Fund Management Company Ltd will be merged to eQ Fund Management Company Ltd. during spring 2013. 

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2.73
0.13 +5.00%
11 Jul 2014