22.12.2021

Aktia Bank and Alexander Corporate Finance – Ownership Arrangement

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We advised Aktia Bank Plc and Alexander Corporate Finance Oy (ACF) in an arrangement that will result in Aktia owning 20% of ACF’s shares. The share subscription is scheduled to take place in January 2022 and is conditional on the approval of the Financial Supervisory Authority. Following the arrangement, the new name of Alexander Corporate Finance will be Aktia Alexander Corporate Finance Oy.

Aktia is a Finnish asset manager, bank and life insurer that has been creating wealth and wellbeing from one generation to the next for 200 years. We serve our customers in digital channels everywhere and face-to-face in our offices in the Helsinki, Turku, Tampere, Vaasa and Oulu regions. Our award-winning asset management business sells investment funds internationally. Aktia employs approximately 900 people around Finland. Aktia’s assets under management (AuM) on 30 June 2021 amounted to EUR 15.6 billion, and the balance sheet total was EUR 11.2 billion. Aktia’s shares are listed on Nasdaq Helsinki Ltd (AKTIA).

Alexander Corporate Finance Oy (ACF) is a Finnish investment bank established in 1988. The Alexander Group companies offer consulting services to owners and companies related to valuation, mergers and acquisitions, and capital market transactions.

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