Nov 2 (Reuters) - Tysnes Sparebank TYSB.OL :
* TYSNES SPAREBANK AND HAUGESUND SPAREBANK MERGE
* HAUGESUND SPAREBANK HAS SIGNED AN AGREEMENT TO JOIN THE
EIKA
ALLIANCE
* HAUGESUND SPAREBANK SHALL BE THE LEGAL AND ACCOUNTING
ACQUIRING
BANK
* HAUGESUND SPAREBANK TAKES OVER THE ASSETS, RIGHTS AND
OBLIGATIONS OF TYSNES SPAREBANK UPON COMPLETION OF THE MERGER
* CONSIDERATION FOR THE TAKEOVER OF OPERATIONS IN TYSNES
SPAREBANK
SHALL BE PAID IN THE FORM OF EQUITY CERTIFICATES IN THE MERGED
BANK
Source text for Eikon: ID:nObiTqJ3wa
Further company coverage: TYSB.OL
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