Modern Finance AB sells bank in Luxembourg

Gernandt & Danielsson has advised Modern Finance AB.

Moderna Finance AB has entered into an agreement to sell its subsidiary Banque Invik S.A. to Scribona Nordic AB. The transaction requires approval from financial supervisory authorities.

Gernandt & Danielsson has advised Modern Finance AB in the sales process through senior associate Mikael Borg who has been assisted by senior associate Anna Holm and associates Annika Brandt and Erika Finn. Also a large numbers of associates at the firm have advised in different matters.

Updated 23 March 2009

Print