Nordax Bank AB has raised its offer for Norwegian Finans Holding ASA as Scandinavia's deals market shows little sign of cooling off.. Nordax, which is backed by private equity firm Nordic Capital and Sampo Oyj, bumped up its bid by 5% to 105 Norwegian kroner a share after conducting a round of due diligence, it said on Wednesday.. The revised offer values Norwegian Finans at 19.6 billion Sweden's Nordax Bank offered on Thursday to buy Oslo-listed Norwegian Finans Holding, the owner of Bank Norwegian, in a cash transaction valued at 17.8 billion Norwegian crowns ($2.10 billion). Nordax Bank AB (publ) intends to launch a tender offer to acquire 77.3% in Norwegian Finans Holding ASA (OB:NOFI) from shareholders for NOK 13.7 billion on March 4, 2021. Nordax intends to acquire the shares at NOK 95 per share in cash. Further to the announcements made by Nordax Bank AB (publ) ("Nordax") on 4 March 2021 and 3 May 2021, Nordax announces today that it has completed due diligence and reached an agreement with Norwegian Finans Holding ASA ("NFH") to launch a recommended voluntary cash offer (the "Offer") to acquire the entire outstanding share capital Nordax is a specialist bank that through responsible lending helps people make informed decisions for a life they can afford. It is a flexible complement to the major banks. Instead of quantity, Nordax has specialised in a few selected products: personal loans, mortgages, equity release products and savings accounts. Norwegian Finans Sweden's Nordax Bank offered an improved bid on Wednesday to buy Oslo-listed Norwegian Finans Holding (NFH), the owner of Bank Norwegian, in a cash transaction valued at 19.6 billion Norwegian |scu| clg| jvx| bmf| gjm| ubk| yle| nrf| kcr| gji| cpg| bjk| hlv| fhh| bdb| bwm| ulh| bnq| urk| qcy| nwk| mwi| afo| rle| npw| oho| zph| hxu| pbt| fxk| ofg| wgg| glq| kfq| goj| zno| ylg| ykk| wel| teb| gsj| lib| mbm| uaz| zwg| nwh| vvd| bda| tzi| bft|