Sydbank, Vestjysk rise on merger agreement

AL Sydbank A/S

27/10/2025 08:06

** Shares in Sydbank SYDB.CO and Vestjysk VJBA.CO jump after the Danish banks agreed to combine in a merger deal that involves also Arbejdernes Landsbank

** Sydbank, the shareholders of which will own 57% in the merged group, is up 6% and Vestjysk soars 30%

** Sydbank says AL Sydbank, the combined entity, would be among five largest lenders in Denmark and annual synergies from the deal would amount to around 1.2 billion Danish crowns ($187 million)

** Sydbank shares up 46% YTD

($1 = 6.4029 Danish crowns)

(Reporting by Boleslaw Lasocki)

((boleslaw.lasocki@thomsonreuters.com; +48 58 769 66 00;))