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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 Gets Cash Handling Deal with DNB

10/06/2013 8:09am

Dow Jones News


Loomis AB (PK) (USOTC:LOIMY)
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   DOW JONES NEWSWIRES 
 

Swedish cash handling company Loomis AB (LOOM-B.SK) Monday said its Norwegian subsidiary has been appointed by Norwegian bank DNB ASA (DNB.OS) to take over all its cash handling services in the country.

 
   MAIN FACTS: 

-The total annual value of the agreement is estimated to be more than NOK100 million.

-The agreement is covering a period of three years, with an option for DNB to extend the agreement for additional two years.

-The deal includes transportation of cash, cash processing and the responsibility for managing 880 machines, including more than 300 ATMs.

-The contract is valid from Sept. 1.

-Loomis shares closed Friday at SEK125.75.

Write to Gustav Sandstrom at gustav.sandstrom@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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