Den Norske Bank (DNB) has announced its acquisition Carnegie Holding AB for about SEK 12 billion. This purchase will create DNB Carnegie, a new company combining both banks’ expertise in investment services and wealth management. DNB Carnegie will have a stronger presence in the Nordic countries and expand internationally with offices in Singapore, London and New York.
DNB’s CEO, Kjerstin Braathen, stated this deal will help the company offer better services to clients in the Nordics and around the world. The acquisition is expected to be finalized by early 2025, after getting approval from regulators. This move will strengthen DNB’s global standing in financial markets.
Source: Finansavisen
