Svea Bank / AREX Markets Finland 2022
Svea Bank acquired AREX Markets on December 5, 2022.
- Target
- AREX Markets
- Acquirer
- Svea Bank
- Announced
- December 5, 2022
- Sub-sector
- Embedded Finance
Transaction overview
- Svea Bank announced the acquisition of AREX Markets on December 5, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Svea strengthens corporate financing position in Finland by acquiring ~1,200 customers and partnerships; AREX refocuses on embedded finance rollout in UK and Europe.
Deal terms & multiples
Frequently asked questions
When did Svea Bank announce the acquisition of AREX Markets?
Svea Bank announced the acquisition of AREX Markets on December 5, 2022.
What sub-sector is AREX Markets in?
AREX Markets is tracked in the Embedded Finance sub-sector.
Sources
- financialit.net /news/banking/svea-bank-acquires-finnish-business-arex-markets