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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 |
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 |
1 Month Loomis AB (PK) Chart |
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