Brief: Íslandsbanki Proposes Merger Discussions With Kvika Banki
May 28 (Reuters) - Islandsbanki hf ISB.IC: PROPOSAL FOR MERGER DISCUSSIONS WITH KVIKA BANKI HF. TO CONTACT BOARD OF DIRECTORS OF KVIKA BANKI HF. TO REQUEST INITIATION OF MERGER TALKS BETWEEN TWO COMPANIES ÍSLANDSBANKI OFFERS 10% PREMIUM ON KVIKA MARKET CAPITALISATION KVIKA SHAREHOLDERS MAY RECEIVE MIXTURE OF SHARES AND CASH Source text: ID:nMFN9dygP2 Further company coverage: ISB.IC (Gdansk Newsroom) ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))