Qliro Chairman Calls Svea Bank’s Takeover Bid ‘a Bit Too Good a Deal’

Qliro takeover bid by Svea Bank: Qliro Takeover Bid by Svea Bank: Shares of Swedish payments company Qliro surge after majority owner Svea Bank submits a bid carrying an 85 percent premium, while Chairman Patrik Enblad says the buyer is getting a bargain.

Qliro Takeover Bid by Svea Bank, Digi Mart USA News: Shares of Swedish payment solutions company Qliro have risen sharply after its majority owner, Svea Bank, submitted a takeover bid carrying a premium of 85 percent.

Qliro chairman Patrik Enblad, however, believes the buyer is getting a good deal. “Looking at the long term, this is a bit too good a deal,” he said in an interview with Di TV.

The source article does not provide further details on the bid terms, timing or next steps. The report was published by Di, a Swedish business news outlet, and has not been independently verified.

Felix Reeves

Felix Reeves is the Digital Motoring Editor at USA News after joining in July 2023. He previously worked as a Motoring News Reporter at the Express.

If you have a story you want to share, email felix.reeves@icifmede.com or motoring@icifmede.com

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