Brief: TF Bank initiates process to simplify its group structure
21/03/2019 17:01
March 21 (Reuters) - TF Bank AB TFBANK.ST :
* BOARD OF DIRECTORS OF TF BANK HAS DECIDED TO INITIATE A
PROCESS
TO SIMPLIFY GROUP STRUCTURE BY MERGING TF BANK WITH ITS
WHOLLY-OWNED SUBSIDIARIES BB BANK ASA, AVARDA AB AND AVARDA OY
* INTENTION IS TO CARRY OUT MERGERS DURING Q4 OF 2019
Source text for Eikon: ID:nWkr3tXHZd
Further company coverage: TFBANK.ST
(Reporting By Stockholm newsroom)
((Stockholm.newsroom@thomsonreuters.com;))
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