Case
12 February 2025
12 February 2025
Netcompany merges with SDC
We have advised SDC in connection with their transaction with the C20 company Netcompany, where SDC and a newly established company under Netcompany are merged into a joint entity.
The transaction strengthens the development of digital banking solutions and contributes to innovation in the Nordic financial sector. According to the Danish Business Authority, this is the first time in Denmark that a merger is completed with the entire merger consideration consisting solely of cash, making the transaction a first in Danish law.
The transaction is expected to close in mid 2025 and is subject to regulatory approvals and other customary conditions.