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Storebrand buys rest of Skagen and floats idea of more takeovers

The Norwegian insurance and pension provider Storebrand has bought the last 9 percent of equity in the asset manager Skagen. According to Storebrand Asset Management’s CEO, new acquisitions may be on the cards as a way of ensuring future growth.

Skagen's corporate headquarter is in the Norwegian city Stavanger. Skagen manages EUR 8.1 billion on behalf of 120.000 customers. Photo: PR: Skagen fondene

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