Nord Pool hires major bank for possible divestment

Nordic power market Nord Pool has hired a major Scandinavian bank to advise possible sale of commercial activities.

Photo: /ritzau/AP/Richard Drew

A larger Nordic stock market transaction might be under way – meaning the sale of a Nordic stock market. Regional power market Nord Pool has hired the large Swedish bank SEB as advisor for a potential sale of commercial activities. 

Nord Pool informs in a press statement that this process relates to the company's announcement from Maj 2018 concerning splitting Nord Pool into two parts, a commercial section and the Market Coupling Operator (MCO) market. This decision is now complete, prompting the company to consider divesting from commercial products within energy trading.

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