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BN 03/24 06:58 *NETS TRANSACTION TO CLOSE IN 2Q 2014 BN 03/24 06:57 *NETS SHAREHOLDERS WILL ALSO GET 2013 DIV TOTALLING DK498M BFW 03/24 06:57 *NETS BOUGHT BY ADVENT, ATP, BAIN FOR DK17B IN CASH BN 03/24 06:57 *NETS BOUGHT BY ADVENT, ATP, BAIN FOR DK17B IN CASH
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Nets Bought by Advent, ATP, Bain for DKK17b in Cash 2014-03-24 07:09:45.160 GMT
By Gelu Sulugiuc March 24 (Bloomberg) -- Deal corresponds to price per share of DKK92.37, Nordic card payments processor Nets says in email. * Shareholders will also get 2013 div of DKK498m total, or DKK2.7 per share * Transaction seen closing 2Q 2014 * Danske held 16.13% equity interest in Nets, says sale will have positive effect of DKK1b on financial results * Keeps FY outlook for net profit DKK9-12b * Nordea held 20.7% stake, total proceeds of divestment will be DKK3.5b, leading to tax-free capital gain of almost DKK2.7b * Deal improves Nordea’s core tier 1 ratio with close to 25 bp
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To contact the editor responsible for this story: Gelu Sulugiuc at +45-33-45-7120 or gsulugiuc@bloomberg.net