Today, Friday 15 December 2023, the Norwegian Competition Authority has approved the sale of Danske Bank's Norwegian personal customer business, including 15 Danske Invest Horisont funds, to Nordea.
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 on 19 July 2023, that Nordea would be the buyer of the personal customer business in Norway.
Approvals from the Norwegian and the Danish financial supervisory authorities are still pending, and the transaction is still expected to be completed by the end of 2024.
Danske Bank remains committed to making the transition as smooth as possible for both customers and employees.
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 on 19 July 2023, that Nordea would be the buyer of the personal customer business in Norway.
Approvals from the Norwegian and the Danish financial supervisory authorities are still pending, and the transaction is still expected to be completed by the end of 2024.
Danske Bank remains committed to making the transition as smooth as possible for both customers and employees.
