Vinge has advised Ikano Bank AB (publ) in connection with its acquisition of credit operations from Ikano Financial Services Ltd. The purchase included a credit and loan portfolio of approximately GBP 250 million. The acquisition signals Ikano Bank’s entry into the UK market. The Swedish Financial Supervisory Authority has consented to the acquisition.
Vinge’s team consisted of responsible partner Fredrik Wilkens together with associates Emma Stuart-Beck and Ulrica Åkesson.
