J
The treatment is said to be estimated at about $ 1.19 billion.
The stocks were previously kept by Geely Financial Denmark, part of the Zhejiang Geely Holding Group collection, and the Mandatum collection.
The acquisition, which will witness that the assets of the J
“For Saxo, our employees, shareholders, clients and partners, and today it represents a turning point,” said CEO, CEO, Kim Fournais, said.
“I have worked with a distinguished team, focusing on SAXO constantly improving the mutual benefit of all our stakeholders, including clients and partners. Rob with heritage more than 180 years and a long -term perspective.”
Saxo Bank, which was established in Copenhagen in 1992, offers multicolored commercial solutions and works as a fully licensed bank under the Danish supervision of FSA.
With advanced open banking technology, Saksu plays more than 150 financial institutional partners worldwide.
Saksu Bank will complete the wealth management solutions in Safra Sarasin.
The CEO of Saxo Bank and its founder, Kim Fournais, will continue to lead the bank, while maintaining ownership of 28 %.
Saksu Bank will remain an independent entity, as it maintains its brand and its operating independence.
“This strategic acquisition is a milestone for J
“It creates new opportunities to expand and increase our competitive advantage, with the opposite of our multi -generational commitment to the leadership of business and sustainability and the success of the customer.”
The deal is awaiting approval from the organizational bodies, including the Swiss Capital Market Supervision Authority (Finma) and the Dubai Financial Services Authority (DFSA).
In October 2024, Saksu A. A new investment platform Through Saxo UK, which aims at the purchases and active investors in the UK.
J
It runs the assets of the client with a total of CHF224 billion (254.5 billion dollars) and employing approximately 2550 people, with the rights of shareholders of $ 5.8 billion ($ 6.5 billion).
“Safra Sarasin to buy 70 % share in Saxo Bank” was originally created and published by Banker InternationalThe brand owned by Globaldata.
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