February 5, 2018 / 7:44 AM / 3 months ago

BRIEF-ALM.Brand aquires activities of Saxo Privatbank for DKK 360 mln

Feb 5 (Reuters) - ALM. BRAND A/S:

* ACQUISITION PRICE IS DKK 360 MILLION

* ACQUISITION IS FINANCED WITH EQUITY FROM ALM. BRAND GROUP

* TO ACQUIRE ACTIVITIES OF SAXO PRIVATBANK A/S

* SAYS ‍ACQUISITION PRICE IS DKK 360 MILLION, CORRESPONDING TO BOOK VALUE OF ACQUIRED ASSETS AND LIABILITIES​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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