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Aktia Pankki completes purchase of minority shares in unit

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Aktia Pankki completes purchase of minority shares in unit

Aktia PankkiOyj said Sept. 23 that it completed the purchase of the shares inunit Aktia HypoteekkipankkiOyj, or Aktia Real Estate Mortgage Bank, held by minorityshareholders.

The transaction had been expected to be finalized at thebeginning of 2017 but was concluded ahead of schedule. Aktia Bank said theacquisition will have no significant effect on its capital adequacy or expected2016 result.