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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.

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