Glitnir Banki hf Mergers and Acquisitions


Glitnir Banki hf

Kirkjusandur 2
105 Reykjavík
Iceland
Tel:354 440 4000
URL: http://www.glitnir.is
Formerly known as:
Islandsbanki hf
Industry:
Banking
Glitnir Banki hf Company Snapshot

Glitnir Banki hf Deal Timeline


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Acquisitions > 100 M$ 10 to 100 M$ < 10M$ Stakes Divestitures

Glitnir Banki hf M&A History


Sparebank 1 SR Bank acquires a minority stake in BNbank ASA from Glitnir Bank hf (pending) Sparebank 1 SR Bank acquires a minority stake in  BNbank ASA from Glitnir Bank hf (pending)Sep 29, 2009

NORWAY - Sparebank # SR Bank agreed to raise its stake to ##.#% from ##% by acquiring a #.#% stake in Trondheim-based BNbank ASA for NOK ##.# mi (USD #.## mil)l from SpareBank # SMN

SpareBank 1 Nord-Norge acquires a minority stake in BNbank ASA from Glitnir Bank hf (pending) SpareBank 1 Nord-Norge acquires a minority stake in  BNbank ASA from Glitnir Bank hf (pending)Sep 29, 2009

NORWAY - SpareBank # Nord- Norge agreed to raise its stake to ##.#% from ##% by acquiring a #.#% stake in Trondheim-based BNbank ASA for NOK ##.# mil (USD #.## mil) from SpareBank # SMN. Concurrently

SpareBank 1 SMN acquires a minority stake in BNbank ASA from Glitnir Bank hf SpareBank 1 SMN acquires a minority stake in  BNbank ASA from Glitnir Bank hfSep 25, 2009

NORWAY - SpareBank # SMN raised its stake to ##% from ##% by acquiring a ##% stake in Trondheim-based BNbank ASA for NOK ### mil (USD ##.## mil), from Sparebanken Hedmark. Concurrently, SpareBank # SMN raised its stake to

Islandsbanki hf recapitalizes (pending) Islandsbanki hf recapitalizes  (pending)Jul 20, 2009

ICELAND ? Glitnir Bank hf, a ##-owned unit of the government of Iceland (Iceland) agreed to acquire the entire share capital of Islandsbanki hf, a Reykjavik- based provider of retail banking services and a wholly- owned unit of Iceland, via

Glitnir Bank hf acquires Moderna Finance AB from Milestone ehf (pending) Glitnir Bank hf acquires Moderna Finance AB from Milestone ehf (pending)Mar 17, 2009

SWEDEN ? Icelandic state- owned Glitnir Bank hf agreed to acquire Moderna Finance AB, a Stockholm-based provider of financial services, from Milestone ehf. The transaction was to include Sjova, Askar Capital and Avant.

Investor Group acquires Glitnir Bank ASA from Glitnir Bank hf Investor Group acquires  Glitnir Bank ASA from Glitnir Bank hfDec 04, 2008

NORWAY - An investor group, comprised of SpareBank # SMN, SpareBank # SR-Bank, SpareBank # Nord-Norge, Sparebanken Hedmark, and other undisclosed acquirors, acquired the entire share capital of Aalesund-based Glitnir Bank ASA, from Iceland state-owned Glitnir bank

Undisclosed Acquiror acquires Glitnir Bank hf-US Operations from Glitnir Bank hf Undisclosed Acquiror acquires Glitnir Bank hf-US Operations from Glitnir Bank hfNov 25, 2008

US - Glitnir Bank hf, a provider of retail banking services, divested its US operation unit, to an undisclosed acquiror.

HQ AB acquires Glitnir AB from Glitnir Bank hf HQ AB acquires Glitnir AB from Glitnir Bank hfOct 22, 2008

SWEDEN - HQ AB acquired the entire share capital of Glitnir AB (GA), a Stockholm-based securities brokerage firm, from Glitnir Bank hf (GB), for an estimated ## mil Swedish kronor ($# mil US) in cash. The transaction was subject to

RS Platou ASA acquires Glitnir Securities AS from Glitnir Bank hf RS Platou ASA acquires Glitnir Securities AS from Glitnir Bank hfOct 20, 2008

NORWAY - RS Platou ASA acquired a ##.##% interest in Glitnir Securities AS (GS), an Oslo-based provider of brokerage services and a majority-owned unit of Glitnir Bank hf. On completion, GS was to be named RS Platou Markets

Republic of Iceland acquires Glitnir Bank-domestic assets from Glitnir Bank hf Republic of Iceland acquires Glitnir Bank-domestic assets from Glitnir Bank hfOct 15, 2008

ICELAND - The Icelandic Government acquired the domestic assets of Glitnir Bank hf, a Reykjavik-based provider of retail banking services. Terms were not disclosed.

Investor Group acquires Glitnir Oyj from Glitnir Bank hf through a leveraged buyout Investor Group acquires Glitnir Oyj from Glitnir Bank hf through a leveraged buyoutOct 09, 2008

FINLAND ? A management-led investor group acquired Glitnir Oyj (GO), a Helsinki- based provider of asset management services, from Glitnir Bank hf (GB), in a leveraged buyout transaction. Originally, In october ####, GB announced that it was seeking a buyer

Republic of Iceland acquires Glitnir Bank hf Republic of Iceland acquires Glitnir Bank hfOct 07, 2008

ICELAND - The Icelandic government acquired a ##% interest, or ##.### bil new ordinary shares, in Reykjavik- based Glitnir Bank hf (GB), for ##.### bil Icelandic kronur ($###.### mil US). Originally, in May ####, GB was rumored to

Glitnir Bank hf acquires a minority stake in Atorka Group hf Glitnir Bank hf acquires a minority stake in Atorka Group hfSep 08, 2008

ICELAND - Glitnir bank hf acquired an #.##% stake, or ### mil ordinary shares in Atorka Group hf (AG), a Kopavogur-based investment company with interests in healthcare product wholesaling and retailing, for #.### bil Icelandic kronur ($##.###

Bjarni Armannsson acquires a minority stake in GPH from Glitnir Bank hf (pending) Bjarni Armannsson acquires a minority stake in GPH from Glitnir Bank hf (pending)Dec 27, 2007

Norway - Mr. Bjarni Armannsson of Iceland agreed to acquire a ##% stake in Glitnir Property Holding AS {GPH}, an Oslo-based real estate agency, from Glitnir Bank hf, for ##.### mil Norwegian kroner (### mil Icelandic kronur/$##.###

Glitnir Bank ASA acquires Bolig-og Naeringsbanken AS from Glitnir Bank hf Glitnir Bank ASA acquires Bolig-og Naeringsbanken AS from Glitnir Bank hfDec 21, 2007

NORWAY - Glitnir Bank ASA acquired Bolig-og Naeringsbanken AS, Trondheim-based provides banking services. Terms were not disclosed.

Bolig-og Naeringsbanken AS acquires remaining interest in Norsk Privatokonomi ASA (pending) Bolig-og Naeringsbanken AS acquires remaining interest in Norsk Privatokonomi ASA (pending)Sep 24, 2007

NORWAY - Bolig-og Naeringsbanken AS (BN), a unit of Glitnir Bank hf was granted an option to acquire the remaining ##.#% stake, which it did not already own, in Norsk Privatokonomi ASA (NP), an Oslo-based provider of financial

Bolig-og Naeringsbanken AS acquires Norsk Privatokonomi ASA Bolig-og Naeringsbanken AS acquires Norsk Privatokonomi ASASep 24, 2007

NORWAY - Bolig-og Naeringsbanken AS (BN), a unit of Glitnir Bank hf raised its interest to ##.#% from ##%, by acquiring a ##.#% stake, in Norsk Privatokonomi ASA (NP), an Oslo-based provider of financial advisory services.. Concurrently

Glitnir Bank hf acquires BSA AS (pending) Glitnir Bank hf acquires BSA AS (pending)Sep 03, 2007

NORWAY - Glitnir Bank hf of Iceland planned to acquire BSA AS, an Oslo-based provider of commercial real estate investment management and syndication services. The transaction was subject to approval by the relevant government authorities. Terms were not disclosed.

Glitnir Bank hf acquires remaining interest in FIM Group Corp Glitnir Bank hf acquires remaining interest in FIM Group CorpAug 17, 2007

FINLAND - Glitnir Bank hf of Iceland (GB) completed its tender offer to acquire the remaining ##.#% stake, or ##.### mil ordinary shares, which it did not already own, in FIM Group Corp (FG), a provider of asset management

Glitnir Securities acquires Solstad & Bjorgo Finans AS Glitnir Securities acquires Solstad & Bjorgo Finans ASJul 11, 2007

NORWAY - Glitnir Securities, a unit of Glitnir Bank hf, acquired Solstad & Bjorgo Finans AS, a Lysaker-based provider of financial advisory services.

Glitnir Banki hf M&A Summary


Glitnir Banki hf has made 7 acquisitions while taking stakes in 10 companies. Glitnir Banki hf has 15 divestitures during this period.
YearAcquisitionsStakesDivestitures
2009001
2008017
2007421
2006111
2005223
2004000
2003010
2002010
2001010
2000010
1999001
1998001
Total71015

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