Swedbank's purchase of Stabelo completed

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Swedbank's purchase of Stabelo completed
Photo: Viktoria Bank/TT

Swedbank's acquisition of mortgage lender Stabelo is now complete, the bank announced in a press release.

The deal cost around SEK 350 million, but the final amount depends on how Stabelo develops over the next two years.

It was this summer that the major bank announced that it would buy the mortgage player Stabelo.

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By TTEnglish edition by Sweden Herald, adapted for our readers

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