Waselius advises the sellers on the sale of a majority of the issued and outstanding shares (at least 96.25%) of Fondita Fund Management Company Ltd to United Bankers Plc. The purpose of the transaction is for United Bankers to acquire the entire share capital of Fondita.
The completion of the transaction is subject to, among other things, the approval of the Finnish Financial Supervisory Authority and the fulfilment of certain customary conditions precedent.
The acquisition of Fondita will advance the expansion of United Bankers’ business and the growth opportunities for assets under management through new funds and a new customer base.
Fondita is an independent fund management company with eight funds. United Bankers Plc’s shares are listed on Nasdaq Helsinki Ltd. United Bankers Group’s assets under management amount to approximately EUR 5.2 billion (31 December 2025).