Sweden sold remaining Nordea bank shares

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Source: Bloomberg
© Scanpix/Reuters
Government of Sweden raised more than $3.4 billion, as the country sold its remaining 284 million shares or 7% of Nordea Bank AB. The money the government received will be mainly spent on reducing the state debt. Currently Nordea is the largest bank in Scandinavia and one of the biggest in Europe. Nordea bank equities are currently losing 1.77% to 77.80 kronor in Stockholm.
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