Mergers & acquisitions

At the Danske Bank Group, we adjust our activities as we identify and pursue business opportunities that offer a satisfactory return. Over time the Group has strengthened its position by expanding in Denmark, the rest of the Nordic region, and other parts of northern Europe.

The table below gives an overview of the Group’s most important mergers, acquisitions and divestments since 1990.

Year	M&As	Divestments
2006	Sampo Bank
2005		HandelsFinans
2004	Northern Bank National Irish Bank	Intl. wholesale: UK Intl. wholesale: US
2002		Danske Securities
2001		Hong Kong Branch Singapore Branch BG Garanti BG Factoring
2000	RealDanmark (BG Bank and Realkredit Danmark)	Forenede Factors BG International Lux.
1999	Fokus Bank	General insurance
1997	Östgöta Enskilda Bank
1995	Danica Pension
1990	Handelsbanken Provinsbanken