Brief: Sparebank 1 Nord-Norge: Bank Collaboration In Helgeland Gets Clearance

Sparebank 1 Nord-Norge

22/06/2020 07:07

June 22 (Reuters) - Sparebank 1 Nord-Norge  NONG.OL :
    * BANK COLLABORATION IN HELGELAND - THE NORWEGIAN COMPETITION AUTHORITY HAS CLEARED THE
TRANSACTION
    * 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 WILL ACQUIRE SPAREBANK 1 NORD-NORGE'S BANKING BUSINESS LINKED TO
BRANCHES IN
HELGELAND
    * HELGELAND SPAREBANK WILL CONCURRENTLY JOIN SPAREBANK 1 ALLIANCE BY BECOMING PART OF
SAMSPAR.

Source text for Eikon:  ID:nWkrqTYvp 
Further company coverage:  NONG.OL 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))