Nordic Capital and Öhman Group acquire the online bank Nordnet, delist it from the stock exchange.

Nordic Capital and investment bank Öhman Group announced the completion of the acquisition of online Swedish bank Nordnet, as the two made an offer to buy 98.65% of shares in the Stockholm-listed company. The offer to take private the company was made through NNB Intressenter, a holding vehicle jointly owned by Swedish investment company and existing major shareholder in Nordnet, Öhman Group.

The firm initially announced the offer of SEK38 per share in October, valuing the company at around SEK6.6bn. The last day of trading for Nordnet on Nasdaq Stockholm will be 17 February.

Nordnet, founded in 1996, is a Pan-Nordic digital savings platform with three business areas: Investments & Savings, which consists primarily of online investing in shares and funds; Loans, where Nordnet offers mortgages, unsecured personal loans and margin lending with securities as collateral; and Pension which offers pension savings in Sweden, Norway and Denmark.

The company's headquarters are located in Stockholm with local offices in Oslo, Helsinki and Copenhagen.