Gernandt & Danielsson advises Nordea Bank AB (publ) in connection with the divestment of its merchant acquiring business to Nets Holding A/S for a purchase price of EUR 230 million.

The transaction is subject to customary regulatory approvals and is expected to close in the fourth quarter of 2015.

Gernandt & Danielsson's team is led by Partner Mats Hugoson, assisted by Senior Associate Pär Johansson (M&A and corporate). The team also consist of Senior Associate Daniel Gutman and Associate Helén Landenberg (M&A and corporate) and Senior Associate Olle Asplund and Associate Camilla Landberg (Regulatory).