Aktia to become partner in Alexander Corporate Finance
30 November 2021 - 11:00PM
Aktia to become partner in Alexander Corporate Finance
Aktia Bank PlcPress release30 November 2021 at 2.00 p.m.
Aktia to become partner in Alexander Corporate
Finance
Aktia Bank Plc and Alexander Corporate Finance Oy (“ACF”) have
agreed on an arrangement, which 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.
With the issue, the new name of Alexander Corporate Finance will
be Aktia Alexander Corporate Finance Oy.
“In the future, the arrangement will provide Aktia’s customers
access to investment banking, such as financial advice on mergers
and acquisitions, initial public offerings and valuation services.
Small and medium-sized enterprises constitute the core of both
Aktia's and ACF’s strategies, which makes us particularly
compatible partners,” says Anssi Huhta, Executive
Vice President for Banking Business in Aktia.
“Aktia becoming a partner strengthens the continuity of our
business. Aktia has invested particularly in asset management and
corporate banking. This cooperation enables us to provide the
customers of both companies with more diverse and better services”
says Erkki Helaniemi, Chairman of
the Board of Alexander Group.
Further information:
Jaakko Niemelä, CEO, Alexander Corporate Financetel. +358 50 549
5501
Anssi Huhta, Executive Vice President, Banking Business,
Aktiatel. +358 50 342 3125
Lotta Borgström, Director, Investor Relations and
Communications, Aktiatel. +358 10 247 6838, lotta.borgstrom (at)
aktia.fi
Aktia is a Finnish asset manager, bank and life
insurer that has been creating wealth and wellbeing from one
generation to the next already 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. We employ approximately 900 people around Finland.
Aktia's assets under management (AuM) 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).
aktia.com
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