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NLB Set to Acquire Summit Leasing, Expands Services
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NLB Set to Acquire Summit Leasing, Expands Services

Nova Ljubljanska Banka dd (GB:NLB) has released an update.

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Nova Ljubljanska Banka (NLB) has received all the necessary regulatory approvals to proceed with its acquisition of Summit Leasing, marking a significant expansion of its leasing services. The acquisition, set to close in mid-September 2024, will strengthen NLB’s position in South-Eastern Europe and is expected to contribute significantly to the Group’s assets. NLB’s CEO expressed gratitude for the regulatory bodies’ efficient decision-making and outlined the strategic goal of becoming a regional leader in movable leasing services.

For further insights into GB:NLB stock, check out TipRanks’ Stock Analysis page.

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