Editions:  Austria · Denmark · France · Germany · Italy · Norway · Spain · Sweden · Switzerland
Advertisement

Skandia suitor in Stockholm

Share this article

13:06 CEST+02:00
South African life insurance company Old Mutual's chief executive Jim Sutcliffe is in Sweden today (Monday) to meet with the largest owners of insurance company Skandia, reported Svenska Dagbladet on Friday, citing Old Mutual's press department.

Sutcliffe wants to discuss the details of Old Mutual's upcoming bid for Skandia, and in particular what bid price the owners expect, the newspaper said.

Skandia's biggest owners include Andra AP-fonden, SEB Fonder, Robur and Cevian Capital.

Skandia's share price jumped again last week on speculation that a takeover deal is close.

In addition to Old Mutual, Nordea, Danske Bank and Friends Provident have also been named as potential suitors of Skandia.

AFX

Get notified about breaking news on The Local

Share this article

Advertisement

From our sponsors

Zagreb: Spend this summer in Croatia's vibrant capital city

Lush green parks throughout the city centre, imposing heritage buildings, real Central European cafe society and Mediterranean style hospitality. Welcome to Zagreb, Croatia's stunning capital!

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement

Popular articles

Advertisement
Advertisement