Nykredit Successfully Completes Takeover of Spar Nord Bank

Author: Evelyn Baker Updated: 05-28-2025 04:00 AM

Completion of the Takeover Offer by Nykredit

Nykredit has made a significant announcement regarding the successful completion of its takeover offer for Spar Nord Bank A/S. As stated in Spar Nord's recent communications, Nykredit has finalized the all-cash voluntary takeover offer aimed at acquiring all shares, apart from those held in treasury by Spar Nord itself.

Details of the Offer

With the completion of this transaction, Nykredit has successfully achieved ownership of over 90% of the total share capital and voting rights in Spar Nord. This milestone allows Nykredit to move forward with a compulsory acquisition of shares owned by the remaining minority shareholders of Spar Nord. This compulsory acquisition is part of Nykredit's strategy to consolidate its stake and further strengthen its position in the market.

Compulsory Acquisition Process

The implementation of the compulsory acquisition will occur after the takeover offer's completion, facilitating a smoother transition for shareholders. Nykredit aims to ensure that this process is efficient, reflecting its commitment to integrating Spar Nord into its operations seamlessly.

Delisting Plans

In alignment with the acquisition, Nykredit has also announced that it will request Spar Nord to initiate the delisting of its shares from Nasdaq Copenhagen A/S. This move signifies a strategic shift and aims to streamline Nykredit's focus on its enhanced portfolio following the takeover.

Future Announcements and Shareholder Information

Further information regarding the compulsory acquisition of Spar Nord shares and the delisting process will be provided in due course. Current shareholders and interested parties are encouraged to stay tuned for updates, as these developments are crucial for both the company and its investors.

Contact Information for Inquiries

Any queries regarding this announcement can be directed to Neel Rosenberg for media-related inquiries. For those seeking investor information, CFO Rune Brandt Børglum is available for communication. They can be reached at +45 25 27 04 33 and +45 96 34 42 36, respectively.

Frequently Asked Questions

What prompted Nykredit's takeover of Spar Nord?

Nykredit aimed to expand its market presence and strengthen its portfolio by acquiring Spar Nord.

What is the status of the compulsory acquisition process?

The compulsory acquisition is set to begin post-completion of the takeover, targeting minority shareholders.

How will the takeover affect Spar Nord's stock listing?

Spar Nord shares are expected to be delisted from Nasdaq Copenhagen A/S as part of Nykredit's strategic plans.

Who can I contact for more information about the announcement?

Inquiries can be directed to Neel Rosenberg or CFO Rune Brandt Børglum via the provided contact details.

What are the future plans for Spar Nord after the takeover?

Nykredit plans to integrate Spar Nord into its operations and enhance its investment strategy moving forward.

About The Author

Greetings, I'm 32-year-old author and financial specialist Evelyn Baker. My introduction into the financial industry started with an economics degree and continued with a wealth of experience in wealth management and financial consulting. My great passion over the years has been assisting people and companies in making wise, well-informed decisions to reach their financial objectives.

My goal with writing is to simplify difficult financial ideas into understandable, doable guidance. My goal in writing many books and articles is to make personal finance understandable to everyone, irrespective of their experience or background. I want to give readers the information they need to take charge of their financial futures, from investing and retirement planning to budgeting and saving.

Along with my writing, I lead webinars and workshops where I provide doable advice and methods for achieving financial success. To reach a larger audience, I also frequently contribute to financial blogs and publications. My method is always to offer doable, real-world guidance that can actually improve people's lives.

Aside from my job, I like to cook, travel, and experience other cultures. I work hard to apply my belief in the value of a balanced life to my financial counsel. My goal in working is to encourage and enable people to succeed financially so they may lead the best lives possible.

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