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Nykredit plans to buy Spar Nord Bank for about DKK 24.7 billion, aiming to create Denmark's third-largest bank.
Danish financial services company Nykredit plans to acquire all shares in Spar Nord Bank A/S through a recommended voluntary public tender offer, valuing the bank at about DKK 24.7 billion.
Nykredit, which already owns 19.60% of Spar Nord Bank, aims to create Denmark's third-largest bank with a combined lending volume of DKK 160 billion.
The deal aims to provide a strong alternative in the Danish banking market, combining Spar Nord's local presence with Nykredit's expertise in wealth management and sustainability.
The exact terms and finalization of the offer are pending.
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Nykredit planea comprar Spar Nord Bank por unos 24.700 millones DKK, con el objetivo de crear el tercer banco más grande de Dinamarca.