SKANDIA INTERNATIONAL BUYS STAKE IN NEVI BALTIC

  &lt;Skandia International Holding AB>,
  the overseas offshoot of Swedish insurance group Forsakrings AB
  Skandia &lt;SKDS.ST> said it was buying a 29.9 pct share in the
  London-quoted property and financial services company &lt;Nevi
  Baltic Plc>. No financial details were given.
      Nevi Baltic, with a 1986 turnover of 20 mln stg and total
  assets of 70 mln stg, is controlled by Norwegian finance
  company &lt;Nevi AS> which will retain a 30.1 pct stake in the
  British unit, Skandia said in a statement.
      The deal is subject to formal approval from the Swedish
  central bank, the statement added.
  

