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ALM. Brand A/S (ALMB.CO)

ALMB.CO on Copenhagen Stock Exchange

71.60DKK
3:59pm GMT
Change (% chg)

kr.0.50 (+0.70%)
Prev Close
kr.71.10
Open
kr.71.20
Day's High
kr.71.90
Day's Low
kr.70.10
Volume
133,680
Avg. Vol
211,150
52-wk High
kr.82.30
52-wk Low
kr.53.50

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Mon, Feb 5 2018

Saxo Bank divests most of its Danish banking unit for $60 mln

COPENHAGEN, Feb 5 Saxo Bank, which mainly operates online trading platforms, has agreed to sell the majority of its Danish banking unit to Danish bank and insurance group Alm. Brand for 360 million Danish crowns ($60.22 million).

BRIEF-Alm.Brand To Acquire Activities Of Saxo Privatbank A/S

* ACQUISITION WILL INCREASE ALM. BRAND BANK'S BUSINESS VOLUME BY ABOUT 50%

BRIEF-ALM.Brand aquires activities of Saxo Privatbank for DKK 360 mln

* SAYS ‍ACQUISITION PRICE IS DKK 360 MILLION, CORRESPONDING TO BOOK VALUE OF ACQUIRED ASSETS AND LIABILITIES​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

BRIEF-ALM. Brand pre-tax profit rises to DKK 345 mln

* ‍FULL-YEAR GUIDANCE IS UPGRADED BY DKK 250 MILLION TO A CONSOLIDATED PRE-TAX PROFIT OF DKK 950-1,050 MILLION​

BRIEF-Alm. Brand Q2 pre-tax profit rises to DKK 271 million

* GUIDANCE FOR FY2017 IS LIFTED BY DKK 100 MILLION TO DKK 700-800 MILLION.

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