Handelsbanken completes acquisition of Heartwood in the UK
On 6 February 2013, Handelsbanken announced that an agreement had been entered into with the British wealth management firm Heartwood Wealth Group Ltd (”Heartwood”) concerning acquisition of shares in the company. Handelsbanken has now received permission from the British financial supervisory authority (Financial Conduct Authority) to acquire Heartwood. This means that all the conditions for the acquisition have been met. Handelsbanken is acquiring all shares in Heartwood, including its wholly owned subsidiary Heartwood Wealth Management Ltd. Initially, the acquisition will have only