May 20, 2014 / 11:02 AM / 4 years ago

Finland's Sampo buys a stake in Aktia bank

HELSINKI, May 20 (Reuters) - Small Finnish bank Aktia said on Tuesday that investment and insurance group Sampo had bought a 6-percent stake in it.

Sampo, which also owns large stakes in Nordea, the biggest bank in the Nordics, as well as Danish insurer Topdanmark, now holds about 6 percent of Aktia stocks and 0.9 percent of its voting rights.

In Tuesday’s transactions, Life Annuity Institution Hereditas cut its stake in Aktia to 3 percent of shares and 9.3 percent of votes, while Svenska Litteratursallskapet i Finland lifted its holding to 7.9 percent of stocks and 4.6 percent of votes. (Reporting By Jussi Rosendahl; Editing by Pravin Char)

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