Mandatum plc has received the necessary regulatory approvals to implement the Saxo transaction
Mandatum plc, press release, May 7, 2024 at 9:55 a.m. EEST Mandatum plc and Sampo plc agreed in connection with the partial demerger that Mandatum will purchase Sampo’s shares in Saxo Bank A/S. These shares represent 19.83 percent of all Saxo Bank’s shares. The transaction was conditional on customary consents and regulatory approvals for the transaction. Mandatum received all the necessary regulatory approvals to purchase Sampo’s holdings in Saxo Bank A/S. The transaction is expected to be completed by May 15, 2024.Additional information Media enquiries: Niina Riihelä