Sparebanken Sør and Vest Set to Merge

Sparebanken Vest (SPIZF) has released an update.

The general meetings of Sparebanken Sør and Sparebanken Vest have unanimously approved a merger plan to create Norway’s premier savings bank, targeting completion by July 1, 2025, pending necessary regulatory approvals. Financial and legal advisories for the merger include Swedbank AB, Selmer AS for Sparebanken Vest, and Pareto Securities AS, Thommessen AS for Sparebanken Sør.

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