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Signing of DnB NORD agreement

Signing of DnB NORD agreement

DnB NOR has today signed the agreement to acquire the German Bank NORD/LB's 49 per cent ownership interest in DnB NORD.

DnB NOR ASA (DnB NOR) has today signed the agreement with Norddeutsche Landesbank Girozentrale (NORD/LB) regarding the acquisition of all shares in Bank DnB NORD A/S (DnB NORD). Since 2005, DnB NOR and NORD/LB have owned 51 per cent and 49 per cent, respectively, of Bank DnB NORD A/S.

Consequently, the reservation regarding final approval from the two owner banks' Boards of Directors no longer applies.

 

This information is subject to the disclosure requirements according to Section 5-12 of the Securities Trading Act.

 

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