Extract from M&A Insights

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Jyske Bank makes 3.1b bid on competitor Nordjyske Bank
March 14, 2018

Jyske Bank who currently owns a 38% stake are looking to take full control of Nordjyske Bank. The offer comes after they attempted to divest the stake in 2017 without success. The takeover plan becomes publicly known without any prior talks with Nordjyske’s board and makes the share price rise to DKK 166, just shy of DKK 170 pr. share offered by Jyske Bank.

ⓘ This story was originally featured in our daily M&A Newsletter - a part of M&A Insights.