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

AP Pension builds stake in GrønlandsBANKEN

Podcast

Street Talk | Episode 98: Regulatory scrutiny having cooling effect on community bank M&A

Blog

Insight Weekly: M&A outlook; US community bank margins; green hydrogen players' EU expansion

Podcast

Street Talk | Episode 97: Recessionary fears still keeping bank investors on the sidelines

Blog

Making sanctions effective: Key themes for banks


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.