Brief: Sandnes Sparebank rejects merger offer from SR-Bank

Rogaland Sparebank

25/11/2014 05:33

OSLO, Nov 25 (Reuters) - Sandnes Sparebank  SADG.OL  
    * Says board rejects merger proposal made by Sparebank 1 
SR-Bank 
    * Says its long-term strategy is to remain independent 
    * Says to go ahead with plans to take part in Eika Alliance 
of independent banks 
 
Further company coverage:  SADG.OL  
 
 (Reporting by Terje Solsvik) 
 ((terje.solsvik@thomsonreuters.com; +47 2293 6974; Reuters 
Messaging: terje.solsvik.thomsonreuters.com@reuters.net)) 
 
Keywords: SANDNESSPAREBANK/BRIEF