Brief: Kvika Acquires All Shares In Aur App Ehf.

Kvika banki

22/03/2021 07:23

March 22 (Reuters) - Kvika banki hf.  KVIKA.IC :
    * SAID ON FRIDAY KVIKA HAS ACQUIRED ALL SHARES IN AUR APP
EHF.
    * PREVIOUS SHAREHOLDERS INCLUDED NOVA HF., WITH JUST OVER
50%
SHAREHOLDING, BORGUN HF., SOCIAL EHF. AND AUR’S CEO SVERIR
HREIÐARSSON
    * FOLLOWING THE ACQUISITION, THE BANK WILL BE THE SOLE OWNER
OF
THE COMPANY
    * ACQUISITION IS EXPECTED TO HAVE AN INSIGNIFICANT EFFECT ON
THE
YEAR'S RESULTS

    
    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNEsNyht
    
 Further company coverage:  KVIKA.IC  
   


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