Trustor affair
Takeover of a Swedish investment company in 1997
Nº Q7848224 ★★★★★★
Legendary · History
Trustor affair
Takeover of a Swedish investment company in 1997
The Trustor affair involved the takeover in the summer of 1997 of a Swedish investment company listed on the Stockholm Stock Exchange. It was initially believed that following the takeover 600 million SEK had disappeared from the company's accounts.
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From Wikipedia
The Trustor affair involved the takeover in the summer of 1997 of a Swedish investment company listed on the Stockholm Stock Exchange. It was initially believed that following the takeover 600 million SEK had disappeared from the company's accounts. Later, when all assets had been accounted for and the company had been liquidated, the shareholders had almost doubled the value of their shares as an indirect result of the takeover. It is one of the largest financial cases in Swedish history.
Text: Wikipédia, CC BY-SA 4.0. ·
