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The Norwegian Competition Authority prolongs decision-making process related to Nordea’s purchase of Danske Bank’s personal customer business

Today, Tuesday 7 November 2023, the Norwegian Competition Authority has decided to prolong its decision-making process related to Nordea’s purchase of Danske Bank’s Norwegian personal customer business, including 15 Danske Invest Horisont funds.  

In a company announcement released on 7 June 2023, Danske Bank announced that it would exit the Norwegian market for personal customers and, in a press release published 19 July 2023, that Nordea would be the buyer of the personal customer business in Norway. 

Danske Bank is committed to making the transition as smooth as possible for both customers and employees. 

Pending approval, the transaction is still expected to be completed by the end of 2024. 

Contact

  • Stefan Singh Kailay

    Head of Press Relations, Danske Bank

    Phone: + 45 45 14 14 00
    Email: stkai@danskebank.dk

Journalists are also welcome to contact our Press Office by phone +45 45 14 14 00.