Straumur Investment Bank - Strategic Acquisitions

Strategic Acquisitions

July 2006 – Straumur acquired 50.01% share of Stamford Partners, a specialist investment banking firm with operations in London and Amsterdam.

May 2007 – Straumur acquired 62% share in eQ Bank, a Finnish bank specialising in brokerage, asset management and corporate finance.

June 2007 – Straumur acquired 50% share in WOOD & Company, the leading independent investment house in Central and Eastern Europe.

July 2007 – As a result of a public tender offer, Straumur now controls over 95% of shares in eQ.

June 2009 - Straumur acquired West Ham United due to a large debt owed by Björgólfur Guðmundsson, who borrowed a large sum of money from the bank to purchase the club.

January 2010 - Sold off 50% of West Ham United to David Gold and David Sullivan for what was thought to be around £50,000,000

May 2010 - Sold off a further 10% of West Ham United to current owners Gold and Sullivan

August 2010 - Sold off a further 5% of West Ham United to a group of investors including former owner Terry Brown

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