Acquisition by Skandia (SE) of MeritaNordbanken’s (SE) shareholding in Pohjola Group Insurance Corporation (FI) — FIM 2 billion

Carnegie acted as adviser to Skandia in the purchase of MeritaNordbanken’s entire shareholding in Pohjola Group Insurance Corporation. This brought Skandia’s shareholding up to 32.5 per cent of voting rights and 23.6 per cent of capital. January, 1999.