Enskilda Securities, the Nordic investment bank, will take a stake in EO, the new issue distribution platform, in return for offering its equity issues to EO's clients.
Neither side would reveal the size of the stake, but it is thought to be smaller than the 3% that UBS Warburg bought under a similar arrangement. Jakob Kinde, chairman of EO Nordic and board member and managing director of EO, said: "It's key to have that strategic relationship to ensure that we can get decent allocation."
