Norwegian Competition Authority approves Nordea’s proposed acquisition of Danske Bank’s personal customer business
Nordea entered into an agreement with Danske Bank to acquire its Norwegian personal customer and private banking business and associated asset management portfolios on 19 July 2023. Today the Norwegian Competition Authority has announced its approval of the acquisition. The proposed acquisition will strengthen Nordea’s market position in Norway among household customers. - We are pleased with the authority’s thorough review and clear conclusion.