Altor investigates potential merger of Carnegie and Carneo

Discussions of a merger are ongoing, the Head of Communications at Altor confirms to AMWatch.

Carneo AM CEO Christoffer Folkebo | Photo: PR/Carneo

Private equity firm Altor may be merging two of its assets, asset manager Carneo and investment bank Carnegie.

The long-term plan behind the discussion is to list the merged company on the stock exchange, Swedish daily Dagens Industri writes. In the short term, the idea is that a merger will create a better product for the customers, as the combination of an investment bank and an asset manager makes it a more attractive proposition.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

PFA says three big changes will bring better returns

To get returns on the same level as other pension firms, PFA has made three big changes to its portfolio, including taking on more risk, says the firm, which doesn't fear a backlash from this year's predicted unsteady market.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch