M&A Deal Summary |
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---|---|
Date | 2007-10-23 |
Target | Skandiabanken Bilfinans AS |
Sector | Financial Services |
Buyer(s) | DNB Bank ASA |
Sellers(s) | Sbanken |
Deal Type | Divestiture |
Deal Value | 2.3B SEK |
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DNB is Norway's largest financial services group and one of the largest in the Nordic region in terms of market capitalisation. The Group offers a full range of financial services, including loans, savings, advisory services, insurance and pension products for retail and corporate customers. DNB’s bank branches in Norway, in-store postal and banking outlets, Post office counters, Internet banking, mobile services and international offices.
DEAL STATS | # |
---|---|
Overall | 1 of 3 |
Sector (Financial Services) | 1 of 2 |
Type (Divestiture) | 1 of 1 |
Country (Norway) | 1 of 3 |
Year (2007) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2018-09-24 |
SpareBank 1 Forsikring/DNB Life Insurance - personal risk insurance
Oslo, Norway SpareBank 1 Forsikring/DNB Life Insurance - personal risk insurance is a distributor of insurance via banks. |
Buy | - |
Category | Company |
---|---|
Founded | 2000 |
Sector | Financial Services |
Employees | 333 |
Revenue | 1.9B NOK (2020) |
Sbanken is an independent online bank in Nordics. Sbanken offers a comprehensive range of financial products and services to individuals and households in Norway within payments and card services, deposit-based savings, investment products, long-term and short-term loans. Sbanken was founded in 2000 and is based in Bergen, Norway.
DEAL STATS | # |
---|---|
Overall | 1 of 1 |
Sector (Financial Services) | 1 of 1 |
Type (Divestiture) | 1 of 1 |
Country (Norway) | 1 of 1 |
Year (2007) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2017-03-23 |
Quantfolio ASA
Bergen, Norway Quantfolio ASA is a developer of a machine learning software for selecting the best savings products through a quantitative approach. By applying AI and algorithms on historical financial data, The company offer consulting and development for banks who wish to implement dynamic portfolios which regularly chooses the best products for their customers. |
Buy | - |