Aktia becomes a partner of Alexander Corporate Finance

Aktia Bank Plc
Press release
November 30, 2021 at 2 p.m.

Aktia becomes a partner of Alexander Corporate Finance

Aktia Bank Plc and Alexander Corporate Finance Oy (“ACF”) have agreed to an agreement which will see Aktia own 20% of the shares of ACF. The subscription for the shares is expected to take place in January 2022 and is subject to the approval of the Financial Supervisory Authority.

With this issuance, the new name of Alexander Corporate Finance will be Aktia Alexander Corporate Finance Oy.

“Going forward, the agreement will allow Aktia clients to access investment banking services, such as financial advice on mergers and acquisitions, initial public offerings and valuation services. Small and medium-sized enterprises are at the heart of Aktia and ACF’s strategies, which makes us particularly compatible partners”, says Anssi HuhtaExecutive Vice President Banking Business of Aktia.

“Becoming an Aktia partner strengthens the continuity of our business. Aktia has notably invested in asset management and corporate banking. This cooperation enables us to provide customers of both companies with more diverse and higher quality services,” said Erkki HeleniemiChairman of the Board of the Alexander Group.

Further information :

Jaakko Niemelä, CEO, Alexander Corporate Finance
Phone. +358 50 549 5501

Anssi Huhta, Executive Vice President, Banking Affairs, Aktia
Phone. +358 50 342 3125

Lotta Borgström, Director, Investor Relations and Communications, Aktia
Phone. +358 10 247 6838, lotta.borgstrom (at) aktia.fi

Aktia is a Finnish asset manager, bank and life insurance company that has been creating wealth and well-being from generation to generation for 200 years. We serve our customers on digital channels everywhere and face to face in our offices in Helsinki, Turku, Tampere, Vaasa and the Oulu regions. Our award-winning asset management company sells investment funds internationally. We employ around 900 people in Finland. from Aktia assets under management (At M) as of June 30, 2021 amounted to EUR 15.6 billion and the balance sheet total to EUR 11.2 billion. from Aktia the shares are listed on Nasdaq Helsinki Ltd (AKTIA). aktia.com

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