IKEA stores owner Ingka Group to acquire 49% stake in Ikano Bank
Ingka Group, the owner of IKEA stores, is foraying into consumer banking, by acquiring a stake of 49% in Sweden-based Ikano Bank from Ikano for an undisclosed price. As per the terms, Ingka Group will have the option to buy the remaining stake at a later date. Ingka Group is carrying out the deal through […]