Storebrand acquires Skagen for EUR 170 million
Norwegian savings and pensions group Storebrand has announced today it will acquire the independent asset manager Skagen.
Niklas Tell 2017-10-25
Storebrand will pay the selling shareholders a sum of NOK 1.6 billion (EUR 170 million) for the shares at the time of transaction in addition to a possible earn-out. With assets under management at some NOK 85 billion (EUR 9 billion) according to the Skagen
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