Cevian Capital has completed the acquisition of a 5.02 percent stake in Danske Bank, The Wall Street Journal reports. The acquisition is a part of the company’s plan to raise its profitability.

Cevian is also in discussion with Danske Bank’s management and board to raise profitability. Cevian Capital is a Swedish privately held investment firm and Danske Bank is based in Denmark.

Click here for the story from The Wall Street Journal.

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