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Sydbank’s Merger with Arbejdernes Landsbank and Vestjysk Bank Approved

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Sydbank’s Merger with Arbejdernes Landsbank and Vestjysk Bank Approved

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Sydbank A/S ( (GB:0MGE) ) has provided an update.

Sydbank A/S held an extraordinary general meeting where the merger with Aktieselskabet Arbejdernes Landsbank and Vestjysk Bank A/S was approved. This merger is pending approval from the Danish FSA and registration with the Danish Business Authority. Additionally, amendments to the Articles of Association and changes to the Board of Directors’ remuneration were adopted. A proposal to reduce the bank’s share capital by cancelling shares was also approved.

More about Sydbank A/S

Sydbank A/S is a financial institution based in Denmark, primarily engaged in providing banking services. The company operates in the financial services industry and focuses on offering a range of banking products and services to its customers.

For detailed information about 0MGE stock, go to TipRanks’ Stock Analysis page.

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