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RNS - The Norwegian Competition Authority has cleared the merger between Oslofjord Sparebank and Sparebanken Norge

Company: SpareBank 1 Nord-Norge Date: 2025-07-25 Language: English Register to download

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 The Norwegian Competition Authority has cleared the merger between Oslofjord Sparebank and Sparebanken Norge

# The Norwegian Competition Authority has cleared the merger between Oslofjord Sparebank and Sparebanken Norge

Reference is made to stock exchange notices 16 June 2025 regarding the approval by the supervisory board in Oslofjord Sparebank and general meeting of Sparebanken Norge of the merger plan between the banks.  

  

The Norwegian Competition Authority has today cleared the merger.  

  

Completion of the merger is still conditional upon approval by the Norwegian Financial Supervisory Authority, without imposing conditions that significantly alter the assumptions made by the banks under the merger plan.  

  

Completion of the merger is contemplated to take place around 1 December 2025.  

  

Contact persons:  

Sparebanken Norge  

CEO: Jan Erik Kjerpeseth, tel. +47 951 98 430  

CFO: Hans Olav Ingdal, tel. +47 948 09 328  

  

Oslofjord Sparebank  

CEO: Bjørn-Erik Øverland, tel. +47 900 44 754  

  

This information is subject to information obligations pursuant to the Norwegian Securities Trading Act Section 5-12.