Brief: Helgeland Sparebank: Bank Collaboration In Helgeland

Sparebank 1 Helgeland

18/03/2020 07:06

March 18 (Reuters) - Helgeland Sparebank  HELG.OL :
    * BANK COLLABORATION IN HELGELAND
    * HELGELAND SPAREBANK - SPAREBANK 1 NORD-NORGE AND HELGELAND SPAREBANK ARE TO ESTABLISH A
STRATEGIC, FUTURE-ORIENTED COLLABORATION.
    * HELGELAND SPAREBANK - SPAREBANK 1 NORD-NORGE WILL BECOME A LONG-TERM OWNER OF HELGELAND
SPAREBANK WITH A 19.99% STAKE OF BANK'S EQUITY CERTIFICATES
    * HELGELAND SPAREBANK - HELGELAND SPAREBANK WILL ACQUIRE SPAREBANK 1 NORD-NORGE'S BANKING
BUSINESS
LINKED TO BRANCHES IN HELGELAND.
    * HELGELAND SPAREBANK - HELGELAND SPAREBANK WILL CONCURRENTLY JOIN SPAREBANK 1 ALLIANCE BY
BECOMING PART OF SAMSPAR.

Source text for Eikon:  ID:nObisnC43a 
Further company coverage:  HELG.OL 

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