Storebrand ASA (OB:STB) entered into an agreement to acquire Kron As for NOK 400 million on September 5, 2022. The transaction is subject to regulatory approval as well as certain other customary transaction conditions and is expected to conclude in the fourth quarter of 2022. As of December 19, 2022, the transaction is expected to close on January 3, 2023. Advokatfirmaet Thommessen AS acts as the legal adviser and EY as the financial due diligence advisor for Storebrand ASA.

Storebrand ASA (OB:STB) completed the acquisition of Kron As on January 3, 2023.