UC’s merger with Asiakastieto finalised

2018-06-29 12:00:00

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.

Swedbank has received 1,765,669 shares in Asiakastieto Group Plc as well as a cash consideration of approximately SEK 200 million. For Swedbank, the transaction will result in a tax-free capital gain of approximately SEK 670 million in the second quarter of 2018.

The received shares correspond to 7.4 percent of total shares and voting rights in Asiakastieto Group Plc.

For further information:
Gregori Karamouzis, Head of Investor Relations, Swedbank, +46 72 740 63 38
Josefine Uppling, Head of Press Office, Swedbank, +46 76 114 54 21

Swedbank encourage a sound and sustainable financial situation for the many households and businesses. As a leading bank in the home markets of Sweden, Estonia, Latvia and Lithuania, Swedbank offers a wide range of financial services and products. Swedbank has over 7 million retail customers and around 620 000 corporate customers and organisations with 205 branches in Sweden and 129 branches in the Baltic countries. The group is also present in other Nordic countries, the US and China. As of 31 March, 2018 the group had total assets of SEK 2 469 billion.  Read more at www.swedbank.com

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