.jpg)
Catella has secured the approval of the Swedish Financial Supervisory Authority (Finansinspektionen) and has taken up the shares in IPM as agreed in January 2014. Catella’s ownership of IPM now amounts to approximately 51 percent and IPM thus becomes a subsidiary of Catella.
Catella’s ownership of IPM, Informed Portfolio Management, was formerly 25 percent. As announced 27 January 2014, Catella entered into an agreement to acquire additional shares for a consideration of approximately SEK 25.7 million and a potential additional payment related to IPM’s future performance. Now that the ownership assessment has been approved, Catella’s direct and indirect ownership of IPM amounts to approximately 51 percent.
