MNB Maizels merger completed
MNB Maizels merger completed The merger between Maizels, Westerberg & Co. and MeritaNordbanken Corporate and Structured Finance has been completed. The new firm, MNB Maizels, is an independent new leading investment bank with special competence in financial advisory services in the Nordic Baltic Region. It is owned by MeritaNordbanken. Presentation of MNB Maizels is enclosed. Further information: Lars Thalén, +46 709 200 665 New leading Nordic Investment Banking firm created Merita Nordbanken and Maizels, Westerberg & Co. have completed the merger of their investment banking businesses. The new firm, named MNB Maizels immediately occupies leading market positions in a number of businesses and markets. The trading names of Maizels, Westerberg & Co., Nordbanken Structured & Corporate Finance and Merita Corporate Finance have been changed to MNB Maizels. The new trading name has been adopted from today. MNB Maizels is wholly owned by Merita Nordbanken. The firm will be run as an independent advisory-driven investment bank and will be incorporated through separate legal entities (MNB Maizels AB, MNB Maizels Oy and MNB Maizels Ltd). A board of directors has been formed, the chairman of which is Krister Ahlström with the other directors including Bernt Magnusson, Markku Pohjola and Sten Westerberg. MNB Maizels employs over 70 professionals and occupy offices independent from MeritaNordbanken in London, Stockholm and Helsinki. The firm will be led by Björn Carlsson from MeritaNordbanken, Mark Florman from Maizels, Westerberg & Co. and Petri Siponen from Merita Corporate Finance. MNB Maizels particular focus will be on providing the governments, corporations and investors of Northern Europe, with quality advice in mergers & acquisitions as well as in equity and debt corporate finance. In a joint statement, Björn Carlsson and Mark Florman said "We have created a leading advisory house for Northern Europe. This merger marks the creation of a strong new brand for corporate finance and, with our combined track records, we already enjoy leading market positions in corporate finance advice, mergers & acquisitions, equities and structured debt. Our clients will benefit from the best independent advice available." For further information, please contact: Stockholm, Mr Björn Carlsson, +46 8 614 7932, mobile +46 70 714 7932 London, Mr Mark Florman, +44 207 491 4900, m obile +44 467 420 491 Helsinki, Mr Petri Siponen, +358 9 4785 0331, mobile +358 40 5581 331 ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/02/08/20000208BIT00840/bit0001.doc http://www.bit.se/bitonline/2000/02/08/20000208BIT00840/bit0002.pdf