EDB's 257 mln skr buy of Sweden's CEKAB approved by competition authority |
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Published
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Wed, 25 Apr 2007 13:14
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OSLO (Thomson Financial) - EDB Business Partner ASA said it has received confirmation that its acquisition of Swedish card processing firm, Centralen for Elektroniska Korttransaktioner AB (CEKAB) has been approved by Konkurrensverket, the country's competition authority.EDB said the deal will now be included in its accounts, with effect from the beginning of April 2007.The acquisition of CEKAB, which was previously jointly owned by Swedbank AB, Nordea AB, Svenska Handelsbanken AB and Danske Bank A/S, was announced at the end of February.alastair.reed@thomson.comar/cmrCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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