NIBC Stairs outside logo.jpg

M&A advises Interactive Investor on the sale of Internaxx Bank to Swissquote Group Holding

Corporate News -

M&A has advised UK online broker Interactive Investor on the sale of Internaxx Bank S.A. (Internaxx), a Luxembourg-based provider of online retail brokerage services mainly targeting global expatriates with more than 12,000 clients and EUR 2 billion assets under administration, to Swissquote Group Holding Ltd. Swissquote is a Switzerland-based provider of online brokerage services listed on the Zurich stock exchange (symbol SQN).
 
Both parties agreed that, following regulatory approval, Swissquote will acquire 100% of the shares of Internaxx at a significant premium to book value, creating a good exit opportunity for our client.

Following NIBC’s advisory role in the acquisition of HSH Nordbank earlier this year, this emphasizes NIBC M&A’s position as trusted advisor in financial services in Benelux and Germany.

 

Like this page on
Call me back
Please fill out your name Onderwerp is verplicht Please fill out your telephone number