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Sparebanken Vest Announces Merger Approval with Oslofjord Sparebank

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Sparebanken Vest Announces Merger Approval with Oslofjord Sparebank

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The latest announcement is out from Sparebanken Vest ( (SPIZF) ).

Sparebanken Vest has announced the approval of a merger between Oslofjord Sparebank and Sparebanken Norge, with the assets, rights, and obligations of Oslofjord Sparebank being transferred to Sparebanken Norge to form a new savings bank. The merger, which is expected to be completed by December 1, 2025, is contingent upon approvals from Oslofjord Sparebank’s supervisory board and relevant authorities, with Norne Securities AS and Advokatfirmaet Selmer AS engaged as financial and legal advisors, respectively.

The most recent analyst rating on (SPIZF) stock is a Buy with a NOK135.00 price target. To see the full list of analyst forecasts on Sparebanken Vest stock, see the SPIZF Stock Forecast page.

More about Sparebanken Vest

YTD Price Performance: 18.09%

Average Trading Volume: 205,938

Current Market Cap: NOK26.75B

For an in-depth examination of SPIZF stock, go to TipRanks’ Overview page.

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