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Jyske Bank — M&A Activity 2018
Apr 17, 2018
3370_rns_2018-04-17_34d23b7d-dea7-4314-8bf1-8a8da79d890f.html
M&A Activity
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RNS Number : 1345L
Jyske Bank A/S
17 April 2018
16 April 2018
Finanstilsynet authorizes Jyske Bank to increase its stake in Nordjyske Bank
Jyske Bank has today received Finanstilsynet's approval to increase qualified share in Nordjyske Bank A/S to 50 per cent. or more, cf. section 61 (1) of the Danish Financial Business Act.
Finanstilsynet's approval fulfills one of the conditions for the execution of Jyske Bank's offer to purchase the shares in Nordjyske Bank A/S, cf. Section 7.5 of the Offer Document published 6 April 2018.
Jyske Bank has no further comments on the approval.
Yours faithfully,
Jyske Bank
Contact person: Anders Dam, Managing Director and CEO, tel. +45 89 89 20 01.
This information is provided by RNS
The company news service from the London Stock Exchange
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