DNB Bank ASA acquires Carnegie – Accelerates Nordic strategy and growth in fee-based income
Oslo, October 21. 2024 - DNB Bank ASA (“DNB”) has entered into an agreement to acquire all the shares of Carnegie Holding AB, from Altor and the minority shareholders for a total consideration of approximately SEK 12 billion (the “Transaction”). The Transaction is subject to approvals from authorities in applicable jurisdictions and is expected to close in the first half of 2025. Carnegie Holding AB is the parent company of the Carnegie Group (“Carnegie”) – a leading investment bank and asset manager in the Nordics with 850 employees, deriving 56 per cent of its revenue from investment
