Brief: Invalda INVL To Apply For 10% Stake In Siauliu Bankas After Merger Of Retail Businesses Of Co And Bank

Invalda Invl AB

21/12/2022 15:55

Dec 21 (Reuters) - Invalda Invl AB  IVL1L.VL :
    * CO WILL EXCEED 10% STAKE LIMIT OF SIAULIU BANKAS IF
SHAREHOLDERS
OF CO AND BANK APPROVE MERGER OF THEIR RETAIL BUSINESSES
    * IF THIS TRANSACTION IS APPROVED BY SHAREHOLDERS, CO WILL
APPLY
FOR NECESSARY APPROVALS TO ACQUIRE 10% CAPITAL OF THE BANK'S
AUTHORIZED CAPITAL

Source text:  ID:nGNE9R94JV 
Further company coverage:  IVL1L.VL 
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