KRTL BioTech

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal

Danske Bank to sell Estonian private loans unit to LHV in $458 million deal

Danske Bank, which has been embroiled in a major money laundering scandal, has agreed to sell its portfolio of Estonian private loans to LHV Pank in a deal worth 410 million euros ($458.3 million), LHV said on Monday.