DNB Bank ASA – Merger with Sbanken ASA
The Boards of Directors of DNB Bank ASA (‘DNB’) and Sbanken ASA (‘Sbanken’) have today signed a merger plan for the merger of Sbanken into DNB. Sbanken is a wholly-owned subsidiary of DNB, and the merger will be completed in accordance with the provisions as set out in Section 13-24 of the Norwegian Public Limited Liability Companies Act, cf. Section 12-1 of the Norwegian Financial Institutions Act. The merger will be carried out by Sbanken transferring all its business, including all assets, rights and obligations, to DNB as the acquiring company in the merger. No merger consideration