DNB-Sbanken Deal
Norway Regulator Looks To Block DNB-Sbanken Deal
The Norwegian Competition Authority (NCA) may block a bid by Norway’s largest bank DNB for domestic rival Sbanken, and will extend its review of the planned tie-up until August 26, the watchdog stated on Thursday. While more than 90% of Sbanken’s shareholders have accepted DNB’s offer of 11.6 billion crowns (US$1.36 billion), completion of the […]
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