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Sydbank — Delisting Announcement 2013
Dec 6, 2013
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Download source fileAabenraa, Denmark, 2013-12-06 13:56 CET (GLOBE NEWSWIRE) --
On 21 November 2013 Sydbank A/S ("Sydbank") published a tender offer document
("Tender Offer Document") regarding a voluntary recommended public tender offer
to the shareholders of DiBa Bank A/S for the purchase of all shares in DiBa
Bank A/S against a consideration in cash of DKK 145 per share of DKK 20 nominal
("Tender Offer").
According to item 3.7 of the Tender Offer Document, the Tender Offer is subject
to a number of terms and conditions, for instance that Sydbank A/S obtains all
necessary approvals and licenses from the Danish Financial Supervisory
Authority.
On 6 December 2013 the Danish FSA approved the acquisition by Sydbank of up to
100% of the shares in DiBa Bank A/S whereby the above terms and conditions on
approvals and licenses from the Danish FSA have been observed.
The Tender Offer will expire on 19 December 2013 at 21.00 (local time) unless
the tender period is extended.