This week Carneo announced its first acquisition in a long time. Buying Norway's largest independent, active asset manager, Holberg, took some time, Carneo Chief Executive Christoffer Folkebo tells AMWatch in an interview, revealing that the Nordic asset management group has its eyes on some possible targets in Finland but that he's waiting for the right moment to arise.
Wednesday, Carneo closed a long-awaited deal with Holberg. Founded in 2000, the latter now has 25 employees and NOK 25bn (EUR 2.4bn) in assets under management.
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