Nykredit's tender offer for Forstædernes Bank

Forstædernes Bank
Transaction:
Public Defence and Takeovers
Date:
Oct 2008
Deal Value:
EUR 244 million
Process:
Public defence
Industry:
Financial Institutions and Real Estate

FIH Partners advised Forstædernes Bank A/S, one of the top 10 Danish Banks, on Nykredit’s recommended tender offer to the shareholders in Forstædernes Bank A/S.Forstædernes Bank had a total balance sheet of DKK 36.2bn as of June 30 2008. Forstædernes Bank was acquired by Nykredit.