Saxo buys into EuroInvestor

COPENHAGEN - Saxo Bank has acquired a third of Copenhagen-based equity trading and investment portal EuroInvestor.com at Dkr7 ($1.21) a share, as it seeks to expand its business proposition, the bank announced today (February 9).

Kim Fournais, managing director at Saxo Bank in Copenhagen, said EuroInvestor's services match the bank's service demand. "In return, Saxo Bank's experience in online investment can help EuroInvestor further develop its services," he said.

The bank is acquiring the

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