Notice of an intra-group merger between DNB Bank ASA and DNB Næringskreditt AS
The board of directors of DNB Bank ASA, org.nr 984 851 006 ("DNB Bank") and DNB Næringskreditt AS ("DNB Næringskreditt ") have prepared and signed a joint merger plan for the merger between DNB Bank and DNB Næringskreditt. The merger provides that all of DNB Næringskreditt’s assets, rights and obligations will be transferred to DNB Bank without consideration and DNB Næringskreditt will be dissolved.
The merger will be conducted as a parent company merger pursuant to the simplified rules for intra-group mergers as set out in Section 13-24 of the Public Limited Companies Act.
Completion of the merger will be conditional upon the approval from the Norwegian Ministry of Finance or the Norwegian Financial Authorities and that any objections from creditors have been clarified pursuant to the Public Limited Companies Act.
The merger plan is submitted to the Norwegian Register of Business Enterprises pursuant to Section 13-13 of the Public Limited Companies Act. Final resolution of the merger will be adopted by the board of directors’ at the earliest one month after the merger plan has been published by the Norwegian Register of Business Enterprises.
The Board of directors of DNB Bank and DNB Næringskreditt intend to adopt the final merger resolution within February 2019 and the merger is expected to enter into force prior to 31 December 2019.
For more information please contact:
Roar Sørensen (phone: +47 993479616)
The information is published pursuant to the Continuing obligations.