SEB: UC's merger with Asiakastieto finalised

All conditions have been fulfilled for the merger between UC AB and Asiakastieto Group Plc, disclosed on 24 April 2018, and the merger was finalised on 29 June 2018.
SEB has received 2 441 920 shares in Asiakastieto Group Plc as well as a cash consideration of  SEK 0.3 bn. The transaction results in a capital gain of about  SEK 0.9 bn, and will be recognised in the Bank's  result in the second quarter of 2018, (based on current share price and EUR/SEK exchange rate).The received shares correspond to 10.2 % of total shares and voting rights in Asiakastieto Group Plc.

For further information, please contact Viveka Hirdman Ryrberg, Head of Corporate Communication + 46-8-763 8577, [phone]  [e-mail] Christoffer Geijer, Head of Investor Relations + 46 - 8-763 83 19, [phone]  [e-mail]

SEB is a leading Nordic financial services group with a strong belief that entrepreneurial minds and innovative companies are key in creating a better world. SEB takes a long term perspective and supports its customers in good times and bad.  In Sweden and the Baltic countries, SEB offers financial advice and a wide range of financial services. In Denmark, Finland, Norway, Germany and UK the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. At 31 March 2018, the Group's total assets amounted to SEK 2,903 billion while its assets under management totalled SEK 1,854 billion. The Group has around 15,000 employees. Read more about SEB at www.sebgroup.com

Press release (PDF)

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Source: SEB via Globenewswire