Mandatum plc’s Saxo transaction will be completed on 13.5.2024 and financed by bank financing
Mandatum plc, press release 8 May 2024 at 11.30 a.m. EEST Mandatum plc and Sampo plc have agreed that the transaction between the parties, in which Sampo sells its shares in Saxo Bank A/S to Mandatum, will be completed on 13 May 2024. Mandatum announced on 7 May 2024 that all regulatory approvals for the transaction have been obtained. The shares included in the transaction represent 19.83 percent of Saxo Bank A/S's shares. The purchase price of EUR 302 million was determined in advance in the terms of the transaction. The transaction is financed by a bank loan of EUR 200 million and