The sale of Nordea’s merchant acquiring business to Nets was completed today.
As previously communicated in a press release on 15 June 2015, the business was sold at a price of EUR 230 million on an enterprise value basis. Nordea’s capital gain after tax on the transaction is approximately EUR 175 million. The capital gain after tax consists of approximately EUR 178 million recognised under Other operating income and approximately EUR 3 million accounted for under Income tax expense.
For further information:
Rodney Alfvén, Head of Investor Relations, +46 72 235 05 15
Claus Christensen, Head of Group Communications, +45 25 24 89 93