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Carnegie Acquires Max Matthiessen.


STOCKHOLM, Sweden -- Carnegie (STO:CAR) acquires Max Matthiessen, Sweden's leading independent advisor in pension insurance. Carnegie and Max Matthiessen have had an exclusive co-operation agreement since 2004.

The acquisition is to be financed through a new issue maximised to 6,071,427 shares in Carnegie, equating to SEK SEK

In currencies, this is the abbreviation for the Swedish Krona.

Notes:
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion.
 856 million.

Following the announcement of the acquisition of Max Matthiessen, Carnegie has today presented its preliminary results and dividend proposal for the full year 2006 in a separate press release.

Carnegie and Max Matthiessen intend to launch jointly a unique offering made possible by the combined expertise and market positions of Carnegie and Max Matthiessen. Carnegie contributes its cutting-edge expertise in financial advice and Max Matthiessen its leading expertise and market position in pension advisory services advisory services

advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal
.

Carnegie's profit before tax pro forma 2006 increases by SEK 91 million. Income synergies are expected to add another SEK 80 million to profit before tax from 2009.

The effect on earnings per share is neutral in 2007 and 2008, and positive from 2009 (based on consensus estimates for Carnegie).

Carnegie's Board of Directors will propose applicable resolutions to an EGM EGM Electronic Gaming Machine
EGM Electronic Gaming Monthly
EGM Extraordinary General Meeting
EGM Expert Group Meeting
EGM Estudio General de Medios (Spanish: General Means Study)
EGM Emergency General Meeting
 to be held on 13 February, 2007.

Carnegie's CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  Stig Vilhelmson and Max Matthiessen's CEO Christoffer Folkebo will present the transaction in a teleconference today at 10.00 AM (CET CET
abbr.
Central European Time


CET Central European Time

CET n abbr (= Central European Time) → hora de Europa central

CET abbr
).

Carnegie is an independent Nordic investment bank The Nordic Investment Bank (NIB) is an investment bank and multilateral development bank owned by eight nordic and northern european countries. The owners are Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden.  with activities in Securities, Investment Banking, Asset Management and Private Banking. Carnegie offers financial products and services to Nordic and international clients from offices in eight countries: Sweden, Denmark, Norway, Finland, Luxembourg, Switzerland, the United Kingdom and the US.

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Publication:Business Wire
Date:Jan 15, 2007
Words:274
Previous Article:Carnegie - Preliminary Results and Dividend Proposal for the Full Year 2006.
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