Sweden’s Skandinaviska Enskilda Banken buys $11 mln stake in UK’s Pentair

11/19/2018 3:07:00 PM (GMT)

Swedish financial services company Skandinaviska Enskilda Banken AB publ has acquired a stake in shares of UK-based water treatment company Pentair PLC.

Valued at about $11 million, Skandinaviska Enskilda Banken bought 259,753 shares of Pentair’s stock.

Pentair has a market capitalization of $7.34 billion.

In 2017, Pentair generated $3 billion in revenue.

Skandinaviska Enskilda Banken AB Publ

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