Sweden’s Social Democrats Ready to Sell Nordea at Right Price

Sweden’s Social Democrats are signaling they are open to selling the state’s stake in Nordea Bank AB, marking a shift away from the party’s previous opposition to the government’s planned divestment.

“I have a pragmatic view, but if it’s sold it should be sold when you get paid well,” Magdalena Andersson, economic spokeswoman for Sweden’s largest opposition party and a candidate for Finance Minister should her bloc win the next election, said in an Oct. 19 interview.