Nordea: Acquire SG Finans
- Nordea has entered into an agreement with Société Générale to acquire all shares in SG Finans
- SG Finans Norwegian domiciled subsidiary of Société Générale and provides equipment finance
- SG Finans has also 360 employees and operates in Norway, Denmark and Sweden
- The acquisition of SG Finans fits well into Nordea’s priority to focus on core business in the Nordics
- The acquisition supports Nordea’s new phase also to drive income growth initiatives, optimise operational efficiency
- Nordea has also grown its operations on the Nordic core markets, including the acquisition of Norway-based Gjensidige Bank