Saxo Bank Is Said to Draw Altor-Led Group, Interactive Brokers

  • Altor, Centerbridge have submitted a non-binding bid for Saxo
  • Interactive Brokers has expressed initial interest in the firm
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Interactive Brokers Group Inc. and a consortium of Altor Equity Partners and Centerbridge Partners are among those that have shown initial interest in acquiring Denmark’s Saxo Bank A/S, according to people with knowledge of the matter.

Investors led by Altor and Centerbridge have submitted a non-binding bid for the Danish brokerage firm, the people said. Deliberations are ongoing and there are other potential bidders interested in Saxo Bank, according to the people. Saxo Bank could still decide against a transaction, they added.