DNB ASA announces recommended voluntary cash offer by DNB Bank ASA for Sbanken ASA at NOK 103.85 per share
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, INTO OR WITHIN CANADA, AUSTRALIA, NEW ZEALAND, SOUTH-AFRICA, HONG KONG, JAPAN OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL Oslo, 15 April 2021 – DNB ASA announces today that its wholly owned subsidiary DNB Bank ASA (“DNB” or the “Offeror”) has reached an agreement with Sbanken ASA (“Sbanken” or the “Company”), the Oslo Stock Exchange-listed company, to launch a recommended voluntary cash tender offer (the “Offer”) for 100% of the shares (the “Shares”) of the