Sydbank A/S to acquire Alm. Brand Bank A/S – terms of acquisition have been met
| Nasdaq Copenhagen A/S London Stock Exchange Bourse de Luxembourg Other stakeholders Company Announcement No 25/2020 | Peberlyk 4 6200 Aabenraa, Denmark Tel Fax Sydbank A/S CVR No DK 12626509, Aabenraa sydbank.dk |
| 30 October 2020 |
Dear Sirs
Sydbank A/S to acquire Alm. Brand Bank A/S – terms of acquisition have been met
We refer to Sydbank’s Company Announcement No 22 dated 1 October 2020 and can inform you that the Danish Financial Supervisory Authority and the Danish Competition and Consumer Authority have approved the acquisition by Sydbank A/S of Alm. Brand Bank A/S.
It is expected that the transaction will be implemented as soon as possible and no later than by the end of November 2020.
Yours sincerely
Sydbank A/S
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