London Taxis and Forex: Geely Group buys 30% stake in Saxo Bank LeapRate

May 05, 2017 BY LeapRate Staff

London Taxis and Forex: Geely Group buys 30% stake in Saxo Bank

Copenhagen based multi-asset broker Saxo Bank has announced that co-founder Lars Seier Christensen will be fully exiting from his ownership interest in the company, selling his 25.71% stake to Chinese conglomerate Geely Group. Certain minority shareholders are expected to exercise tag-along rights as part of the offer from Geely, which is expected to own about 30% of…

December 17, 2015 BY LeapRate Staff

Saxo Bank makes changes to its Board of Directors

Sinar Mas Group's Danny Oei joins the Saxo Board. Sinar Mas acquired a 9.9% stake in Saxo Bank last summer.

August 21, 2015 BY Maria Nikolova

Indonesia's Sinar Mas Group acquires 9.9% stake in Saxo Bank

Sinar Mas Group has bought 9.9% of the Bank's shares at a total price of DKK 951 million ($143.8 million), valuing Saxo Bank at DKK 9.6 billion ($1.4B).

March 12, 2012 BY Gerald Segal

TPG's preliminary return from its Saxo Bank investment

2.4% dividend yield and P/E ratio of 16.8x.

Tag: Saxo Bank shareholders