Danish forex bank, Saxo Bank, has purchased a stake in Euroinvestor.com. The bank has bought 2.6 million Euroinvestor shares from JCA Holding and 2.4 million shares from Soeren Alminde Holding.
Saxo Bank, which currently holds about 69% of Euroinvestor, will get full control of the company with the recent acquisition. The Denmark-based independent internet medium will continue to be listed as a publicly traded company on NASDAQ OMX Copenhagen after the acquisition.
Click here for the release from PR Newswire.