Core Viewpoint - ABG Sundal Collier (ABGSC) is acquiring FIH Partners, a Danish independent M&A and strategic financial advisory firm, to enhance its investment banking capabilities in the Nordic region [1][3]. Group 1: Acquisition Details - The acquisition involves an upfront payment of Dkr50 million ($7.8 million) in cash and shares, with potential performance-related payments increasing the total purchase price by up to Dkr150 million ($23.3 million) [1][2]. - The transaction is expected to close in early 2026, pending regulatory approvals and customary closing conditions [2]. Group 2: Strategic Implications - The combined entity will operate under the ABGSC brand from FIH Partners' headquarters in Copenhagen, offering services in strategic financial advisory, mergers and acquisitions, equity capital markets, and debt capital markets [3]. - This acquisition is aligned with ABGSC's growth strategy and is expected to strengthen its position in the Nordic investment banking sector [3][4]. Group 3: Financial Expectations - The company anticipates the transaction to be accretive to earnings starting in 2026, supporting its financial objectives to grow revenues and improve margins [4]. - The new investment banking operation will be jointly led by Jørgen Overholt Hansen, Thomas Lindquist, and Peter Brandenborg [4].
ABG Sundal Collier to acquire Denmark’s FIH Partners
Yahoo Finance·2025-12-10 11:27