SpareBank 1 Sor-Norge agrees to sell Forretningspartner to ECIT-controlled buyer for about NOK 500 million

Reuters2026/08/05 05:14

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SpareBank 1 Sør-Norge agreed to sell its Forretningspartner accounting and advisory unit to a company controlled by ECIT.
Net proceeds, including additional dividends, expected at about NOK 500 million; potential 2028 earn-out of about NOK 125 million.
The bank will reinvest NOK 192 million for a 44.84% stake in the buyer, whose sole asset will be Forretningspartner shares.
ECIT will own 50.1% of the buyer; Forretningspartner key employees will hold 5.06%.
Deal expected to lift SpareBank 1 Sør-Norge earnings by about NOK 80 million; collaboration with Forretningspartner will continue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sparebank 1 Sor-Norge ASA published the original content used to generate this news brief on August 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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SpareBank 1 Sor-Norge agrees to sell Forretningspartner to ECIT-controlled buyer for about NOK 500 million

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