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LOIMY Loomis AB (PK)

42.7063
0.00 (0.00%)
31 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Loomis AB (PK) USOTC:LOIMY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 42.706293 55.25 67.55 0.00 21:00:03

Loomis Enters Frame Agreement With Swedbank

04/07/2012 7:47am

Dow Jones News


Loomis AB (PK) (USOTC:LOIMY)
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From Feb 2020 to Feb 2025

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   By Dominic Chopping 
 

STOCKHOLM--Swedish cash handling company Loomis AB (LOOM-B.SK) said Wednesday it has entered into a frame agreement with Swedbank AB (SWED-A.SK).

 
   MAIN FACTS: 

-The agreement covers both Cash Management Services and Cash In Transit for the bank and the bank's customers.

-The agreement is effective immediately.

-Loomis will now provide Swedbank's customers with access to cash management services, transport logistics for cash and a country-wide network of service boxes.

-Under the terms of the agreement, Swedbank' customers will be entitled to discounted offers for services such as supplies of desk change and collections of daily checkouts, among other things.

-The agreement also provides Swedbank's private customers with the opportunity to pay in deposits of notes and coins via Loomis' service boxes.

-Shares closed Tuesday at SEK86.25, valuing the company at SEK6.3 billion.

-Write to Dominic Chopping at dominic.chopping@dowjones.com

1 Year Loomis AB (PK) Chart

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