Brief: Kvika Sells Stock In Korta Hf To UK-Based Rapyd

Kvika banki

20/04/2020 08:29

April 20(Reuters) - Kvik Banki Hf  KVIKA.IC :
    * SAID ON SUNDAY SIGNED AN AGREEMENT TO SELL ALL ITS SHARES
IN
KORTA HF. TO THE UK BASED FINTECH COMPANY RAPYD
    * OTHER SHAREHOLDERS OF KORTA ARE ALSO PARTIES TO THE
AGREEMENT
    * THE SALE IS SUBJECT TO THE APPROVAL OF THE FINANCIAL
SUPERVISION
OF THE CENTRAL BANK OF ICELAND   

    
 Source text for Eikon:  urn:newsml:reuters.com:*:nGNE7QJWRj
    
 Further company coverage:  KVIKA.IC  
   


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