Mandatum buys 78% stake in Sweden’s Cliens for SEK 705 million
Reuters2026/08/13 05:55Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Mandatum agreed to buy 78.4% of Sweden’s Cliens Holding, parent of institutional asset manager Cliens Kapitalförvaltning, for SEK 705 million.
- Purchase price equals about EUR 64 million; paid in cash at closing, funded from existing liquidity reserves and capital.
- Cliens management and staff will retain a 21.6% stake; the business will operate independently under the Cliens brand within the group.
- Deal targets faster growth in Nordic institutional asset management, strengthening Mandatum’s position in Sweden’s largest regional market.
- Closing is expected by end-2026; the transaction is expected to be immediately EPS accretive with no change to 2026 outlook.
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. Mandatum Oyj published the original content used to generate this news brief via Cision (Ref. ID: 202608130155BITN____UKPR__FI_20260813-BIT-7040-0) on August 13, 2026, and is solely responsible for the information contained therein.
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