Sampo announced its intention to increase its stake in the Swedish bank Nordax to 36.25%, through a co-investment initiative with Nordic Capital Fund VIII. This acquisition will allow the Finnish insurer to have access to a new generous dividend-paying company that would help it to keep a strong payout ratio in the following years. The funding scheme should not be complicated as Sampo has access to a steady dividend stream from its subsidiaries and participations.
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New stake, new dividend annuity
Sampo announced its intention to increase its stake in the Swedish bank Nordax to 36.25%, through a co-investment initiative with Nordic Capital Fund VIII. This acquisition will allow the Finnish insurer to have access to a new generous dividend-paying company that would help it to keep a strong payout ratio in the following years. The funding scheme should not be complicated as Sampo has access to a steady dividend stream from its subsidiaries and participations.