Gjensidige Forsikring ASA (OB:GJF) agreed to acquire PenSam Forsikring A/S from PenSam Pension Forsikringsaktieselskab A/S on June 26, 2023. The acquisition is subject to regulatory approvals in Denmark and Norway and is expected to be completed during the fourth quarter of 2023. Martin Muff, Peter Krabbe, Julie Berggreen Jørgensen of Clairfield International acted as financial advisor of PenSam Forsikring A/S. Nicolai Ørsted, Simon Västernäs, Charlotte Hasseriis Iversen, Niels Chr. Ellegaard and Nina Bech Damgaard Pedersen of Plesner Advokatpartnerselskab acted as legal advisor and MHS Corporate Finance P/S acted as financial advisor to PenSam Pension Forsikringsaktieselskab. As of August 18, 2023, this transaction was approved by The Danish Competition and Consumer Board.

Gjensidige Forsikring ASA (OB:GJF) completed the acquisition of PenSam Forsikring A/S from PenSam Pension Forsikringsaktieselskab A/S on October 31, 2023. The transaction has approved by Danish and Norwegian authorities.