As announced in our press release dated 2 June 2014, Nykredit Bank and FIH Erhvervsbank have concluded an agreement on Nykredit Bank's acquisition of 24 major commercial exposures with a total credit exposure of approximately DKK 4bn.
The Danish Competition and Consumer Authority as well as the Danish Financial Supervisory Authority have approved the acquisition, which is expected to be completed in early September 2014. For further information, please contact Nykredit Corporate Communications, tel +45 44 55 14 70.