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2010-10-28 08:15:00 CEST 2010-10-28 08:15:02 CEST REGULATED INFORMATION DnB NORD Bankas AB - Notification on material eventAcquisition of all shares in Bank DnB NORD A/SAB DnB NORD Bankas, company code 112029270, VAT payer code LT120292716, registered office at J. Basanavičiaus St. 26, Vilnius, the data is collected and stored at the Register of Legal Entities, is notified, that Norway's bank DnB NOR ASA has concluded an agreement to acquire the German bank NORD/LB's 49 per cent ownership interest in Bank DnB NORD A/S. Since year-end 2005, DnB NOR ASA and Norddeutsche Landesbank Girozentrale (NORD/LB) have jointly owned Bank DnB NORD A/S. On 2 August 2010, DnB NOR ASA exercised its option to acquire NORD/LB's 49 per cent ownership interest in Bank DnB NORD A/S. Since then, the parties have been in negotiations to agree on the consideration for the shares. An agreement has now been reached and after the completion of the transaction, DnB NOR ASA will own 100 per cent of the shares in Bank DnB NORD A/S. Denmark based Bank DnB NORD A/S is the sole shareholder of AB DnB NORD Bankas. Andrius Vilkancas, Press Officer tel. +370 5 239 3413 |
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