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Glitnir banki hf. acquires Fischer Partners Fondkommision

July 21, 2006

Glitnir banki hf., previously Íslandsbanki hf., buys Fischer Partners for approximately SEK 425 million. The purchase-sum of approximately SEK 425 million, which was paid at the completion of the transaction, is made up of SEK 380 million for Fischer's share-capital and SEK 45 million for repayment of debts to Invik.

Vinge was the advisor for Glitnir banki hf. Vinge representatives included Michael Wigge, David Aversten, Mattias Hållberg and Dan Hanqvist.

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