Denmark's Sydbank buys rival Alm. Brand Bank

ALM. Brand A/S

01/10/2020 07:42

COPENHAGEN, Oct 1 (Reuters) - Danish lender Sydbank
 SYDB.CO  has agreed to buy rival Alm. Brand Bank  ALMB.CO  for
1.83 billion Danish crowns ($289 million), equal to 95% of book
equity, both banks said on Thursday. 
    ($1 = 6.3358 Danish crowns)

 (Reporting by Nikolaj Skydsgaard; editing by Jason Neely)
 ((Nikolaj.Skydsgaard@thomsonreuters.com;))