Roschier advised Ingka Investments in its investment in Ikano Bank
Ingka Investments B.V. is to become part owner of Ikano Bank AB, which today is fully owned by Ikano S.A. Roschier represented Ingka Investments in the transaction.
Through the issue of new shares by Ikano Bank, Ingka Investments B.V. will obtain a 49% stake in Ikano Bank AB (publ), with the option to acquire the remaining shares at a later date. The transaction is subject to regulatory approvals from the Swedish Financial Supervisory Authority and relevant competition authorities.
Ingka Group operates 378 IKEA-stores and its e-commerce platform in 31 countries. Ingka Group and Ikano Bank originate from the same founder and they have a longstanding commercial partnership, where Ikano Bank has served as IKEA Retail’s financial service provider across eight countries.
Roschier’s main advisory team comprised Malin Leffler, Anna Nordlander, John Ersson, Vicky Kaufmann, Mikael Karlsson, Beatrice Edler, Kristian Hugmark, Måns Gottfries, Björn Johansson Heigis, Johan Gerhardsson and Dan Hanqvist.