Company name Luminor Bank AS
Headline Blackstone Transaction Completed


RNS Number : 1543O
Luminor Bank AS
30 September 2019
 

Blackstone completes the acquisition of €1 billion majority stake in Luminor

 

Luminor announced today the acquisition of a 60% majority stake in the bank by a consortium led by private equity funds managed by Blackstone. The bank's current owners, Nordea Bank Abp ("Nordea") and DNB BANK ASA ("DNB"), will each retain a 20% equity stake in Luminor.

 

 

 

This announcement has been issued through the Companies Announcement Service of Euronext Dublin.

 


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