Expert ASA – Disposal

Gernandt & Danielsson has advised GE Money Bank.

Expert ASA, which owns the Expert chains in Norway, Sweden and Denmark, sold its Swedish subsidiary Expert Konto AB to GE Money Bank. The disposal formed part of a Nordic cooperation with GE Money Bank. Expert Konto AB has a balance-sheet total of approximately SEK 350 million and roughly 50,000 credit customers. Gernandt & Danielsson advised GE Money Bank through partner Marcus Johansson, assisted by partner Carl Westerberg and associate Joakim Brännström.

Updated 13 June 2007

Print