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Article: Carnegie Completes Its Acquisition of Max Matthiessen.
- Article from:
- Business Wire
- Article date:
- March 20, 2007
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STOCKHOLM, Sweden -- Carnegie (STO:CAR) today completed its acquisition of all of the shares and votes in Max Matthiessen (Max Matthiessen Holding AB), Sweden's leading independent advisor in pension insurance, in accordance with the agreement announced on 12 January 2007. The transaction was conditional on certain terms and regulatory approvals. All conditions have now been met.
As earlier announced, Carnegie is financing the transaction through a new issue of shares in Carnegie with payment in kind to the holders of the Max Matthiessen shares. At today's board meeting, the Board of Directors in Carnegie resolved to increase the company's share capital with a ...