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NOBA Bank Group merges with Nordax Holding

Jul 01, 2024

Acquiring Company

NOBA Bank Group AB (publ)

Acquired Company

Nordax Holding AB (publ)

StockholmStockholmFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBanking

Description

NOBA Bank Group AB (publ) has merged with Nordax Holding AB (publ) as of July 1, 2024. Following the merger, NOBA assumed all obligations related to the issued notes by Nordax. This strategic move is part of NOBA's plan to enhance its financial offerings and expand its customer base.

Quick answer

NOBA Bank Group AB (publ) is acquiring Nordax Holding AB (publ), announced July 1, 2024. NOBA Bank Group AB (publ) is based in Stockholm, Stockholm County, Sweden.

How much did NOBA Bank Group AB (publ) pay for Nordax Holding AB (publ)?
The deal value was not disclosed.
What does NOBA Bank Group AB (publ) do?
NOBA Bank Group offers diversified financial services through multiple brands, serving over two million customers.
Where are NOBA Bank Group AB (publ) and Nordax Holding AB (publ) based?
NOBA Bank Group AB (publ) is based in Stockholm, Stockholm County, Sweden. Nordax Holding AB (publ) is based in Stockholm, Stockholm County, Sweden.

Source: Fundz verified event record.

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Company Information

Company

NOBA Bank Group AB (publ)

Location

Stockholm, Stockholm County, Sweden

About

NOBA Bank Group offers diversified financial services through multiple brands, serving over two million customers. It provides customer-centric financial offerings that are sustainable for individuals and SMEs. The company is active in eight markets and employs around 750 full-time staff.

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Frequently asked

Who acquired Nordax Holding AB (publ)?

Nordax Holding AB (publ) was acquired by NOBA Bank Group AB (publ), based in Stockholm. The deal was reported on July 1, 2024. NOBA Bank Group offers diversified financial services through multiple brands, serving over two million customers. It provides customer-centric financial offerings that are sustainable for individuals and SMEs. NOBA Bank Group AB (publ) is privately held and operates in Financial Services.

When did NOBA Bank Group AB (publ) acquire Nordax Holding AB (publ)?

NOBA Bank Group AB (publ)'s acquisition of Nordax Holding AB (publ) was reported on July 1, 2024. NOBA Bank Group AB (publ) has merged with Nordax Holding AB (publ) as of July 1, 2024. Following the merger, NOBA assumed all obligations related to the issued notes by Nordax. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Nordax Holding AB (publ) do?

Nordax Holding was a financial services company offering loans and mortgage products. It served customers in the Nordic region and was recognized for its customer service. It is privately held, operating in Financial Services, and is based in Stockholm.

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