Danica Pension Eyes Market Leader PFA with US$ 1 Billion SEB Takeover
Posted on 12/15/2017
Danica Pension, Denmark’s second largest commercial pension fund, has struck a deal to take over the Danish pension assets of Sweden’s SEB, putting itself in position to challenge current market leader PFA. Set to close in the first half of 2018 upon regulatory approval, the transaction will bring the Danske Bank subsidiary some 200,000 new […]