Denmark's Nykredit in $3.5 bln deal to buy Spar Nord Bank

Spar Nord Bank A/S

10/12/2024 07:32

OSLO, Dec 10 (Reuters) - Danish lender Nykredit will
offer 24.7 billion Danish crowns  ($3.50 billion) in an all-cash
bid to buy rival Spar Nord Bank  SPNO.CO , the two companies
said in a joint statement on Tuesday.

($1 = 7.0623 Danish crowns)

 (Reporting by Terje Solsvik, editing by Louise Rasmussen)
 ((terje.solsvik@thomsonreuters.com; +47 918 666 70;))