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SEB — M&A Activity 2010
Feb 26, 2010
2966_rns_2010-02-26_db702155-eaee-442c-9d37-a2304b883452.html
M&A Activity
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Regarding the transfer of shares of a subsidiary company
Regarding the transfer of shares of a subsidiary company
On 26 February 2010, SEB Bank has transferred 100 % of shares of its subsidiary
company Litectus fully held by SEB Bank to company Warehold B.V., a member of
the international SEB Group.
Shares of the real estate management companies of the three SEB Baltic banks
are assigned to Warehold B.V., which is fully owned by the SEB Group. This
share acquisition is an internal optimization within SEB's Baltic operations in
order to facilitate closer cooperation of real estate management activities at
SEB Group level.
This notification is non-confidential.
Arvydas Žilinskas, Head of Media Relations of SEB Bank, tel. +370 5 268 1198,
is authorized to provide additional information regarding the material event.