Nordic Capital Buys Swedish Insurance, Finance Stakes

Law360, New York (July 13, 2012, 2:59 PM EDT) -- Nordic Capital will buy a majority stake in four consumer finance and insurance firms that target Sweden's retail sector, the private equity firm said Friday.

The firm will acquire 55 percent of Resurs Bank AB and three subsidiaries — retail insurer Solid Forsakringar AB, debt collections agency Reda Inkasso AB and call center and customer service branch Teleresurs i Sverige AB — from the Westin, Schroder and Paulson families for an undisclosed sum. The Bengtsson family will stay on as co-owner, retaining its current 45 percent...
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