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KM Financial Solutions | Nykredit owner plans to sell stake, drop IPO plan
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Nykredit owner plans to sell stake, drop IPO plan

06 Nov Nykredit owner plans to sell stake, drop IPO plan

Posted at 09:11h in News by
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COPENHAGEN, Nov 7 (Reuters) – The board of the owner of
Nykredit, Denmark’s largest mortgage lender, has agreed with
five Danish pension funds to sell a 10.9 percent stake in
Nykredit for 7.5 billion Danish crowns ($1.17 billion) instead
of seeking an initial public offer.

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