trending Market Intelligence /marketintelligence/en/news-insights/trending/36CogfMXZkEnyWb8Of09vQ2 content esgSubNav
In This List

AP Pension builds stake in GrønlandsBANKEN

Blog

Banking Essentials Newsletter: July Edition - Part 2

Blog

Anticipate the Unknown Go Beyond Fundamentals to Uncover Early Signs of Private Company Credit Deterioration

Blog

Taking Loss Given Default Estimation to the Next Level: An Aspiration for All Creditors, Not Just Banks

Blog

Anticipate the Unknown A Fundamentals Approach to Detect Early Signs of Private Company Credit Deterioration


AP Pension builds stake in GrønlandsBANKEN

A unit of Danish pension fund AP Pension acquired shares giving it a 12.87% stake in GrønlandsBANKEN A/S, the Greenland-based lender said May 31.

AP Pension Livsforsikringsaktieselskab acquired 87,628 shares in the bank, according to a filing. It now owns 231,628 shares, according to S&P Global Market Intelligence data, which shows that the bank has 1.8 million shares in trading.

The bank said in another filing the same day that Investeringsforeningen Nielsen Global Value reduced its ownership by the same number of shares, leaving it with 12,502 shares, or 0.69% of the share capital and voting rights in the bank.

Investeringsforeningen Nielsen Global Value is a Danish public mutual fund advised by Nielsen Capital Management.