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Mandate Vinge has advised Ikano in connection with the acquisition of Citibank’s Shell MasterCard portfolio

August 30, 2010

Vinge has advised Ikano Bank SE in connection with the acquisition of Citibank’s Shell MasterCard portfolio valued at approximately SEK 280 million and in connection with a co-operation agreement with AB Svenska Shell relating to the issuance and operation of Shell MasterCard to private customers in Sweden.

Vinge’s team primarily consisted of responsible partner Fredrik Wilkens and associates Emma Stuart-Beck and Ulrica Åkesson.

Earlier this year Ikano also took over Citibank’s Shell MasterCard portfolio in Norway valued at NOK 283 million. Vinge also advised Ikano Bank SE in relation to this transaction and on this occasion Vinge’s team primarily consisted of responsible partner Fredrik Wilkens and associates Emma Stuart-Beck, Christian Johansson and Ulrica Åkesson.

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