Skandia and its life insurance arm Skandia Liv have agreed to resolve their dispute over the sale of Skandia Asset Management to Den Norske Bank through arbitration.

Skandia Liv's claim relates to Skandia's sale of its asset management business to Den Norske in January 2002 for Skr3.2bn (€347.9m).

Skandia asset management row goes to arbitration

Jason Corcoran

Den Norske Bank

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