I'm curious to know about the recent change in ownership at Saxo Bank. Could someone please tell me who the new owners are?
6 answers
noah_doe_writer
Thu Oct 17 2024
Fournais, one of the key stakeholders, maintains a 28% ownership in the company. This substantial holding underscores his commitment to the organization's growth and success.
Lucia
Thu Oct 17 2024
Geely, a multinational automotive giant, boasts an ownership stake of almost 50% in the company. This reflects Geely's strategic investment in diversifying its portfolio beyond traditional automotive manufacturing.
ethan_carter_engineer
Thu Oct 17 2024
Mandatum, another prominent shareholder, holds 20% of the company's shares. Mandatum acquired this shareholding in a transaction valued at EUR 302 million, further solidifying its position as a key stakeholder.
charlotte_anderson_explorer
Thu Oct 17 2024
Mandatum's acquisition of these shares occurred in May 2024, when the company was spun off from Finnish insurer Sampo. This transaction marked a significant milestone in the company's history and paved the way for its future growth.
Lucia
Thu Oct 17 2024
The ownership structure of the company in question is divided among three primary shareholders: Fournais, Geely, and Mandatum. Each holds a significant portion of the company's equity.