tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Gjensidige Plans Merger With Swedish Support Services Subsidiary

Story Highlights
  • Gjensidige will merge with its Swedish support-services subsidiary to integrate key IT and administrative functions.
  • The cross-border merger, targeted for completion around July 2026, aims to streamline operations and simplify the group structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gjensidige Plans Merger With Swedish Support Services Subsidiary

Claim 70% Off TipRanks Premium

Gjensidige Forsikring ASA ( (GB:0OJC) ) has provided an announcement.

Gjensidige Forsikring ASA has approved a merger plan with its wholly owned Swedish subsidiary Gjensidige Business Services AB, which was established in 2019 to deliver IT, administration and other support functions to the group. The planned cross-border merger, expected to be resolved around 1 March 2026 and completed around 1 July 2026, is aimed at integrating these support activities more tightly within the parent company’s structure, which could streamline internal operations and simplify the group’s organisational setup for stakeholders.

The most recent analyst rating on (GB:0OJC) stock is a Buy with a NOK330.00 price target. To see the full list of analyst forecasts on Gjensidige Forsikring ASA stock, see the GB:0OJC Stock Forecast page.

More about Gjensidige Forsikring ASA

Gjensidige Forsikring ASA is a Nordic insurance group that provides a broad range of insurance and related support services, with operations supported by specialised subsidiaries that handle IT, administration, procurement, development and implementation across the group.

Average Trading Volume: 296,573

Current Market Cap: NOK150.3B

See more insights into 0OJC stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1