Acquiring Company
Undisclosed Company
Acquired Company
Storebrand ASA
Description
An undisclosed company has made a recommended cash offer for Storebrand ASA, valuing each share at €8.00, translating to a total estimated acquisition value of approximately €1.2 billion. This proposed acquisition comes as Storebrand's stock trades significantly higher, leading to a notable spread that investors are closely monitoring. The latest financial report from Storebrand indicates strong revenue growth and a healthy business model.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Storebrand ASA?
Storebrand ASA was acquired by Undisclosed Company. The deal was reported on August 19, 2026. Due to the information in the paragraph, the acquired company's name and location have not been disclosed. Undisclosed Company is privately held and operates in Location Based Services.
When did Undisclosed Company acquire Storebrand ASA?
Undisclosed Company's acquisition of Storebrand ASA was reported on August 19, 2026. An undisclosed company has made a recommended cash offer for Storebrand ASA, valuing each share at €8.00, translating to a total estimated acquisition value of approximately €1.2 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Storebrand ASA do?
Storebrand ASA specializes in financial services, focusing on long-term savings, insurance, and guaranteed pension solutions for Nordic customers. It is privately held, operating in Financial Services, and is based in Norway.
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