Acquiring Company
Morrow Bank AB
Acquired Company
MedMera Bank AB
AssamAssamFinancial ServicesFinanceLendingBankingFinancial ServicesFinanceLendingBankingDescription
Morrow Bank AB has completed the acquisition of MedMera Bank AB, acquiring 100% of its shares for SEK 1,960 million. A portion of the acquisition cost is satisfied through a directed set-off issue of new shares to Kooperativa Förbundet. This strategic move aims to strengthen Morrow Bank's market position and engage KF as a minority shareholder.
Quick answer
Morrow Bank AB is acquiring MedMera Bank AB, announced June 29, 2026. Morrow Bank AB is based in Assam, India.
- How much did Morrow Bank AB pay for MedMera Bank AB?
- The deal value was not disclosed.
- What does Morrow Bank AB do?
- Morrow Bank AB is a financial institution that offers banking services.
- Where are Morrow Bank AB and MedMera Bank AB based?
- Morrow Bank AB is based in Assam, India. MedMera Bank AB is based in Assam, India.
- Who are the decision-makers at Morrow Bank AB?
- Fundz holds 1 contact at Morrow Bank AB. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Morrow Bank AB, and when
When Morrow Bank AB changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Morrow Bank AB raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Morrow Bank AB, from your own LinkedIn network
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Frequently asked
Who acquired MedMera Bank AB?
MedMera Bank AB was acquired by Morrow Bank AB, based in Assam. The deal was reported on June 29, 2026. Morrow Bank AB is a financial institution that offers banking services. The company is making strides in expanding its operations through strategic acquisitions. Morrow Bank AB is privately held and operates in Financial Services.
When did Morrow Bank AB acquire MedMera Bank AB?
Morrow Bank AB's acquisition of MedMera Bank AB was reported on June 29, 2026. Morrow Bank AB has completed the acquisition of MedMera Bank AB, acquiring 100% of its shares for SEK 1,960 million. A portion of the acquisition cost is satisfied through a directed set-off issue of new shares to Kooperativa Förbundet. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MedMera Bank AB do?
MedMera Bank AB is a banking institution that provides financial services to its customers. The bank's acquisition aids in consolidating Morrow Bank's market presence. MedMera Bank has been recognized for its innovative banking solutions. It is privately held, operating in Financial Services, and is based in Assam.
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