M&A Activity • Nov 12, 2024
M&A Activity
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Lea bank ASA - The Swedish FSA has approved the merger between Lea bank ASA and Lea Bank AB
Reference is made to previous stock exchange announcements on August 21 2024,
September 26 2024, and October 22 2024, regarding the merger between Lea bank
ASA and Lea Bank AB, as approved by the Board of Directors, the General Meeting
and the Norwegian Financial Supervisory Authority ("FSA").
The merger was conditional upon, amongst other, required approvals from the
Swedish FSA (Finansinspektionen). The Swedish FSA has today granted the
necessary approval for the merger between Lea bank ASA and Lea Bank AB.
Tentative timeline for the merger is January 2 2025.
Lea Bank AB holds a Swedish banking license and will be the surviving entity in
the merger.
This information is subject to the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.
Contact information: Oddbjørn Berentsen, CEO
Phone: +47 22 99 14 00
Email: [email protected]
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