Lloyd Fonds / growney 2022
Lloyd Fonds AG acquired growney on October 23, 2022.
- Target
- growney
- Acquirer
- Lloyd Fonds AG
- Announced
- October 23, 2022
- Sub-sector
- Wealthtech
Transaction overview
- Lloyd Fonds AG announced the acquisition of growney on October 23, 2022.
- The deal is expected to close pending customary conditions.
Strategic rationale
Lloyd Fonds increasing stake in robo-advisory fintech growney to 85-86.5% to leverage combined wealthtech capabilities and accelerate digital investment solutions for retail and institutional clients.
Deal terms & multiples
Frequently asked questions
When did Lloyd Fonds AG announce the acquisition of growney?
Lloyd Fonds AG announced the acquisition of growney on October 23, 2022.
What sub-sector is growney in?
growney is tracked in the Wealthtech sub-sector.
Sources
- finanznachrichten.de /nachrichten-2022-10/57373434-eqs-news-lloyd-fonds-aktiengesellschaft-barkapitalerhoehung-unter-ausschluss-des-bezugsrechts-beschlossen-growney-ueberzeugt-durch-weiteres-ueberpropo-022.htm