Today, DNB Bank announced that it has entered into an agreement to acquire Carnegie Holding from Altor and the minority shareholders for a total of some SEK 12 billion. The acquisition is subject to approvals from authorities in applicable jurisdictions and is expected to close in the first half of 2025. It is only a couple of months since Carnegie Holding announced that it was buying Swedish fund company Didner & Gerge Fonder.
In a press release, Carnegie writes that Didner & Gerge has some SEK 55 billion in assets under management, out of which SEK 35 billion are within the premium pension system. It further states that the deal is based on the assets under management outside the premium pension system, with adjustments made depending on upcoming procurements by Fondtorgsnämnden, the new Swedish Fund Selection Agency that is responsible for the investment funds at the premium pension platform. “Through the acquisition of Carnegie, our goal is to provide even better solutions to our clients. We and Carnegie are realizing our joint ambitionThe full article is only available to members
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