Nordic Business Report-April 11, 2006-Aktia Savings Bank Plc sells 10% stake in Aktia Real Estate Mortgage Bank Plc
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish financial group Aktia Savings Bank Plc said on Tuesday (11 April) that it had signed an agreement with 36 local cooperative banks to sell 10% of its shares in Aktia Real Estate Mortgage Bank Plc.
In November 2005 Aktia sold 20% of its shares in Aktia Real Estate Mortgage Bank to 32 savings banks.
Aktia continues to be the largest shareholder of Aktia Real Estate Mortgage Bank with 70% of the shares.
The sale price was not disclosed.
((Comments on this story may be sent to firstname.lastname@example.org))