Aug 28 (Reuters) - Sparebank 1 Nordvest SNOR.OL :
* SURNADAL SPAREBANK AND SPAREBANK 1 NORDVEST ENTER INTO
MERGER
AGREEMENT
* INTENTION IS SURNADAL SPAREBANK CEO, ALLAN TROELSEN, TO BE
CEO
OF MERGED ENTITY
* INTENTION IS SPAREBANK 1 NORDVEST CHAIRMAN, RUNAR WIIK, TO
BE
CHAIRMAN OF BOARD IN MERGED ENTITY
* INTENTION IS TO CARRY OUT MERGER WITH SPAREBANK 1 NORDVEST
AS
ACQUIRING BANK
* TARGET IS TO SIGN FINAL AGREEMENT BEFORE END OF OCTOBER
2020
* INTENTION IS POSSIBLE MERGER CAN BE CARRIED OUT IN Q2 2021
Source text for Eikon: ID:nObipKbPsa
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